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Palo Alto Networks (PanW) reports Q4: Everything you need to know

The cybersecurity provider Palo Alto Networks (Nasdaq: Panw) will announce the results of the results tomorrow afternoon. Investors should know the following.

Palo Alto Networks exceeded the analysts’ sales expectations by 0.9% in the past quarter and reported sales of 2.14 billion US dollars, which corresponds to an increase of 13.9% compared to the previous year. It was a strong quarter for the company, with the EPS guidelines for the next quarter to exceed the expectations of the analysts and an impressive beat of the analysts.

Does Palo Alto Networks go to the result? Read our full analysis here, it’s free.

In this quarter, the analysts expect the turnover of Palo Alto Networks a year to increase by 13.3% to 2.24 billion US dollars in the year, which compared to the increase in the same quarter of the previous year by 19.3% slowed down. The adapted profit is expected to be $ 0.78 per share.

Palo Alto Networks total sales
Palo Alto Networks total sales

Analysts that cover the company have generally re -confirmed their estimates in the past 30 days, which indicates that the company will take the course on the way to the profit countries. Palo Alto Networks has missed Wall Street sales estimates three times in the past two years.

If you look at the colleagues of Palo Alto Networks in the cybersecurity segment, some have already reported on their Q4 results, which gave us an indication of what we can expect. The Qualies achieved sales growth of 10.1%compared to the previous year and exceeded the expectations of the analysts by 1.9%, and Varonis reported the income by 2.9%, which did not go back to 4.2%. According to the results, the Qualies exchanged 3.8%, while Varonis also declined by 7.5%.

Read our complete analysis of the results of Qualies here and the results of Varonis here.

There were positive feelings among the investors of the cyber security segment, with the share prices increased by an average of 9.1% last month. Palo Alto Networks rose by 14.5% at the same time and increases with an average analyst course of USD 203.84 (compared to the current share price of $ 195.45).

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(Tagstotranslate) Palo Alto Networks (T) sales estimates (T) sales expectations

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