Fortinet Sees Q1 2024 Adj. EPS $0.37-$0.39 Vs $0.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
Fortinet has projected its adjusted earnings per share (EPS) for Q1 2024 to be in the range of $0.37 to $0.39, aligning with or slightly exceeding the analyst estimate of $0.37.
February 06, 2024 | 9:14 pm
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Fortinet's Q1 2024 adjusted EPS projection of $0.37 to $0.39 is in line with or slightly above the analyst estimate of $0.37.
Fortinet's guidance for its Q1 2024 adjusted EPS suggests a positive outlook, aligning with or slightly exceeding analyst expectations. This can be seen as a sign of strength and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100