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.
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