Palo Alto stock fell amid fiscal Q1 earnings that topped estimates while revenue met views while guidance underwhelmed investors. The post Palo Alto Networks Guidance Underwhelms Investors, Shares Fall appeared first on Investor's Business Daily.
Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) reported better-than-expected first-quarter adjusted earnings on Wednesday, though revenue narrowly missed estimates, prompting its stock to drop during after-hours trading. The cybersecurity company posted adjusted earnings per share (EPS) of $1.56, exceeding Wall Street's consensus estimate of $1.48.
Like they say, the trend is your friend, and it's best to trade with your friend. Stocks like Palo Alto Networks NASDAQ: PANW, Salesforce NYSE: CRM, and Booking Holdings NASDAQ: BKNG are trending higher and are forecasted to provide friendly returns this year and next.
Palo Alto Networks Inc (NYSE:PANW, ETR:5AP) is set to report a solid quarter when it hands down its fiscal first quarter 2025 financial results on Wednesday, November 20, Bank of America analysts believe. Wall Street analysts, on average, expect the cybersecurity firm to report revenue to grow almost 13% year-over-year to $2.12 billion while earnings per share (EPS) are expected to grow to $1....
SANTA CLARA, Calif. , Nov. 14, 2024 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW ), the global cybersecurity leader, today revealed its perspective on the top AI and cybersecurity trends for 2025.
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