Palo Alto Networks (PANW) Tops Q2 EPS by 7c, Guidance Misses

Palo Alto Networks (NYSE: PANW) reported Q2 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $816.7 million versus the consensus estimate of $843.26 million.

GUIDANCE:

Palo Alto Networks sees Q3 2020 EPS of $0.96-$0.98, versus the consensus of $1.25. Palo Alto Networks sees Q3 2020 revenue of $835-850 million, versus the consensus of $873 million.

Palo Alto Networks sees FY2020 EPS of $4.55-$4.65, versus the consensus of $4.96. Palo Alto Networks sees FY2020 revenue of $3.35-3.39 billion, versus the consensus of $3.47 billion.

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

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