All you need to know prior to earnings

CyberSecurity -provider Palo Alto Networks (NASDAQ: PANW) is announcing earnings results tomorrow afternoon. Here’s what investors need to know.

Palo Alto Networks beat analysts’ revenue expectations by 0.9% last quarter and reported revenue of $ 2.14 billion, an increase of 13.9% year by year. It was a strong quarter for the company, with EPS guidance for the next quarter that exceeded analysts ‘expectations and an impressive beat of the analysts’ EBITDA estimates.

Is Palo Alto Networks a purchase or seller in earnings? Read our full analysis here, it’s free.

This quarter expects analysts that Palo Alto Network’s revenue will grow 13.3% year to year to $ 2.24 billion, which slows down from the 19.3% increase it registered in the same quarter last year. Adjusted earnings are expected to enter $ 0.78 per Stock.

Analysts covering the company have generally confirmed their estimates over the past 30 days, suggesting that they expect the company to remain the course on its way into earnings. Palo Alto Networks has missed Wall Street’s revenue estimates three times over the past two years.

Looking at Palo Alto Networks’s friends in the cyber security segment, some have already reported on their Q4 results, giving us a tip about what to expect. Kamys delivered revenue growth year to year of 10.1%, and beat analysts’ expectations by 1.9%, and Varonis reported a turnover of 2.9%and lacked estimates with 4.2%. Qualys traded down 3.8% after the results, while Varonis had also fallen 7.5%.

Read our full analysis of Qualy’s results here and Varonis’ results here.

There has been a positive atmosphere among investors in the cyber security segment with stock prices increased 9.1% on average over the past month. Palo Alto Networks has increased by 14.5% over the same time and is on its way into earnings with an average analyst price target of $ 203.84 (compared to the current share price of $ 195.45).

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