Recap: Check Point Software Q4 Earnings
Portfolio Pulse from Benzinga Insights
Check Point Software (NASDAQ:CHKP) reported Q4 earnings with an EPS of $2.57, beating estimates by 3.63% against an expected $2.48. Revenue increased by $25M from the previous year. The company has a history of surpassing EPS estimates, as seen in the past four quarters, which has positively impacted its share price.
February 06, 2024 | 10:25 am
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Check Point Software reported a Q4 EPS of $2.57, surpassing estimates by 3.63%, with a revenue increase of $25M from the previous year. The company has consistently beaten EPS estimates in recent quarters.
Check Point Software's consistent performance in surpassing EPS estimates, coupled with a significant year-over-year revenue increase, suggests a positive short-term impact on its stock price. Historical data shows a positive correlation between earnings beats and subsequent share price increases.
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IMPORTANCE 90
RELEVANCE 100