Fortinet Earnings Review: Q4 Summary

The earnings results for Fortinet (NASDAQ:FTNT) for Q4 were made public on Thursday, February 6, 2025 at 04:05 PM.

Here's a comprehensive overview of the announcement.

Earnings

Fortinet beat estimated earnings by 21.0%, reporting an EPS of $0.74 versus an estimate of $0.61.

Revenue was up $245.00 million from the same period last year.

Earnings History Overview

During the previous quarter, the company beat on EPS by $0.11, leading to a 10.0% increase share price change the next day.

Here's a look at Fortinet's past performance:

Quarter Q3 2024 Q2 2024 Q1 2024 Q4 2023
EPS Estimate 0.52 0.41 0.38 0.43
EPS Actual 0.63 0.57 0.43 0.51
Revenue Estimate 1.48B 1.40B 1.34B 1.41B
Revenue Actual 1.51B 1.43B 1.35B 1.42B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Fortinet management provided guidance for Q1 2025, expecting earnings between $0.52 and $0.54 per share.

To track all earnings releases for Fortinet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

Comments
Loading...