Palo Alto Networks (PANW) Tops Q1 EPS by 2c, Guidance Misses Consensus

Palo Alto Networks (NYSE: PANW) reported Q1 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue for the quarter came in at $771.9 million versus the consensus estimate of $767.77 million.

GUIDANCE:

Palo Alto Networks sees Q2 2020 EPS of $1.11-$1.13, versus the consensus of $1.30. Palo Alto Networks sees Q2 2020 revenue of $838-848 million, versus the consensus of $845.12 million.

Palo Alto Networks sees FY2020 EPS of $4.90-$5.00, versus the consensus of $5.07. Palo Alto Networks sees FY2020 revenue of $3.44-3.48 billion, versus the consensus of $3.46 billion.

For earnings history and earnings-related data on Palo Alto Networks (PANW) click here.

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