Palo Alto Networks earnings beat by $0.16, revenue topped estimates

Investing.com – Palo Alto Networks (NASDAQ: ) reported third quarter EPS of $1.44, $0.16 better than the analyst estimate of $1.28. Revenue for the quarter came in at $2B versus the consensus estimate of $1.96B.

Guidance

Palo Alto Networks sees Q1 2024 EPS of $1.15-$1.17 versus the analyst consensus of $1.11.

Palo Alto Networks sees Q1 2024 revenue of $1.82B-$1.85B versus the analyst consensus of $1.93B.

Palo Alto Networks sees FY 2024 EPS of $5.27-$5.40 versus the analyst consensus of $4.98.

Palo Alto Networks sees FY 2024 revenue of $8.15B-$8.20B versus the analyst consensus of $8.38B.

Palo Alto Networks’s stock price closed at $209.69. It is up 9.15% in the last 3 months and up 22.50% in the last 12 months.

Palo Alto Networks saw 35 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Palo Alto Networks’s stock price’s past reactions to earnings here.

According to InvestingPro, Palo Alto Networks’s Financial Health score is “good performance”.

Check out Palo Alto Networks’s , and Palo Alto Networks’s financials here.

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