Palo Alto Networks Q3 EPS $1.10 Beats $0.93 Estimate, Sales $1.72B Beat $1.71B Estimate
Portfolio Pulse from Benzinga Newsdesk
Palo Alto Networks reported Q3 earnings of $1.10 per share, beating the analyst consensus estimate of $0.93 by 18.28%. Sales reached $1.72 billion, surpassing the $1.71 billion estimate by 0.58% and marking a 24.01% YoY increase.
May 23, 2023 | 8:06 pm
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Palo Alto Networks' Q3 earnings exceeded expectations with an EPS of $1.10 and sales of $1.72 billion, both beating analyst estimates.
Palo Alto Networks' better-than-expected Q3 earnings and sales figures are likely to have a positive short-term impact on the stock price, as the company demonstrated strong financial performance and growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100