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What You Need To Know Ahead of Palo Alto Networks' Earnings Report Monday
Palo AltoPalo Alto(US:PANW) investopedia.com·2024-05-17 08:15

Analyst Estimates for Q3 FY 2024Q2 FY 2024Q3 FY 2023Revenue1.97billion1.97 billion1.98 billion1.72billionDilutedEarningsPerShare40cents1.72 billionDiluted Earnings Per Share40 cents4.8931 centsNet Income143.3million143.3 million1.75 billion$107.8 million Key Metric: Sales Amid 'Spending Fatigue' Palo Alto Networks lowered its outlook when reporting second-quarter earnings, citing "spending fatigue" among customers, raising concerns about headwinds for the cybersecurity industry. The guidance cut in late February sent shares lower, but analysts suggested they re ...