Market Overview

Fortinet Q2 Earnings Preview


On Thursday, August 1, Fortinet (NASDAQ: FTNT) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Based on management's projections, Fortinet analysts model for earnings of 50 cents per share on sales of $511.14 million.

In the same quarter last year, Fortinet reported earnings per share of 41 cents on sales of $441.30 million. If the company were to match the consensus estimate, earnings would be up 21.95%. Revenue would be up 15.83% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:


Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 0.390 0.52 0.42 0.36
EPS Actual 0.460 0.59 0.49 0.41

Stock Performance

Over the last 52-week period, shares are up 31.32%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Fortinet stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Fortinet is scheduled to hold a conference call at 4:30 p.m. ET and can be accessed here:

Posted-In: Earnings News


Related Articles (FTNT)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Inphi's Earnings Preview

First Solar's Earnings Outlook