Palo Alto Networks Sees Q4 Adj. EPS $1.26-$1.30 vs $1.20 Est., Total Revenue $1.937B-$1.967B vs $1.95B Est.
Portfolio Pulse from Bill Haddad
Palo Alto Networks expects Q4 adjusted EPS of $1.26-$1.30, beating the $1.20 estimate, and total revenue of $1.937B-$1.967B, slightly below the $1.95B estimate.

May 23, 2023 | 8:07 pm
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Palo Alto Networks' Q4 adjusted EPS forecast beats estimates, while total revenue is slightly below expectations.
Palo Alto Networks' Q4 adjusted EPS forecast is higher than the estimate, which is a positive sign for investors. However, the total revenue forecast is slightly below the estimate, which may offset the positive impact of the EPS beat. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100