Get ready to mark your calendars because the much anticipated fourth quarter financial results of Palo Alto Networks (NASDAQ: PANW) are set to be unveiled on Monday 19th August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled after market close.
Wall Street financial analysts are foreseeing that the enterprise is likely to announce an estimated per share $1.41 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $2.16 billion during the quarter.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $8 billion. Further, they expect the earnings per share to achieve profit of $5.57 for the fiscal year.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.44. Additionally, the company's overall revenue for that particular period was an impressive $1.95 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $1.32 | +20.0% | 1.99 B | +15.3% |
| Q2 2024 | $1.46 | +39.0% | 1.98 B | +19.3% |
| Q1 2024 | $1.38 | +66.3% | 1.88 B | +20.2% |
| Q4 2023 | $1.44 | +80.0% | 1.95 B | +25.9% |
*Growth on year-over-year basis
The business has scheduled a conference call on 19th August 2024 at 04:30 PM eastern time to discuss Q4 financial results.
Palo Alto Networks (PANW) shares experienced a range of $332.72 to $340.13 on a day volume of 4.52 million shares. The stock closed Friday's regular trading session at $334.11, demonstrating a 2.67 percent drop.
