For the quarter ended October 2024, Palo Alto Networks (PANW) reported income of $2.14 billion, up 13.9% over the identical interval final yr. EPS got here in at $1.56, in comparison with $1.38 within the year-ago quarter.
The reported income represents a shock of +0.95% over the Zacks Consensus Estimate of $2.12 billion. With the consensus EPS estimate being $1.48, the EPS shock was +5.41%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s worth efficiency.
Right here is how Palo Alto carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- RPO (Remaining Efficiency Obligation): $12.6 billion in comparison with the $12.45 billion common estimate based mostly on 5 analysts.
- Income- Product: $353.80 million versus $342.40 million estimated by 12 analysts on common. In comparison with the year-ago quarter, this quantity represents a +3.7% change.
- Income- Subscription and help: $1.79 billion versus the 12-analyst common estimate of $1.78 billion. The reported quantity represents a year-over-year change of +16.1%.
- Income- Subscription and support- Help: $593.20 million versus $594.58 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +8.1% change.
- Income- Subscription and support- Subscription: $1.19 billion in comparison with the $1.19 billion common estimate based mostly on two analysts. The reported quantity represents a change of +20.6% yr over yr.
- Product gross revenue Non-GAAP: $282 million versus the 10-analyst common estimate of $282.33 million.
- Subscription and help gross revenue Non-?GAAP: $1.37 billion versus $1.37 billion estimated by 10 analysts on common.
- Subscription and help gross revenue GAAP: $1.31 billion versus the two-analyst common estimate of $1.34 billion.
- Product gross revenue GAAP: $278.80 million versus the two-analyst common estimate of $273.05 million.
View all Key Company Metrics for Palo Alto here>>>
Shares of Palo Alto have returned +3.2% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report
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