Palo Alto Networks (PANW) closed at $248.18 within the newest buying and selling session, marking a -0.16% transfer from the prior day. This transfer lagged the S&P 500’s every day lack of 0.06%. In the meantime, the Dow misplaced 0.37%, and the Nasdaq, a tech-heavy index, added 0.24%.
Heading into immediately, shares of the safety software program maker had gained 17.11% over the previous month, outpacing the Laptop and Expertise sector’s achieve of 6.28% and the S&P 500’s achieve of 4.72% in that point.
PANW might be seeking to show power because it nears its subsequent earnings launch, which is predicted to be November 25, 2019. The corporate is predicted to report EPS of $1.03, down 11.97% from the prior-year quarter. Our most up-to-date consensus estimate is asking for quarterly income of $767.60 million, up 17.01% from the year-ago interval.
Trying on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of $5.07 per share and income of $3.46 billion. These totals would mark adjustments of -6.97% and +19.46%, respectively, from final 12 months.
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