CyberArk (CYBR) Beneficial properties As Market Dips: What You Ought to Know

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CyberArk (CYBR) Beneficial properties As Market Dips: What You Ought to Know

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Within the newest buying and selling session, CyberArk (CYBR) closed at $76.77, marking a +1.63% transfer from the day before today. This transfer outpaced the S&P 500’s every day lack of 4.34%. In the meantime, the Dow misplaced 4.55%, and the Nasdaq, a tech-heavy index, misplaced 3.79%.

Coming into at this time, shares of the maker of software program that detects assaults on privileged accounts had misplaced 38.41% up to now month. In that very same time, the Pc and Expertise sector misplaced 27.47%, whereas the S&P 500 misplaced 28.78%.

CYBR might be trying to show energy because it nears its subsequent earnings launch. On that day, CYBR is projected to report earnings of $0.38 per share, which might symbolize a year-over-year decline of 32.14%. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $108.67 million, up 13.27% from the year-ago interval.

Wanting on the full 12 months, our Zacks Consensus Estimates recommend analysts expect earnings of $2.27 per share and income of $515.98 million. These totals would mark modifications of -18.05% and +18.92%, respectively, from final 12 months.



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