Palo Alto Networks (PANW) is expected late Wednesday to report triple-digit earnings growth for the second consecutive quarter, but revenue growth is forecast to hit record deceleration. For its fiscal Q4 2015, the consensus of 34 analysts polled by Thomson Reuters sees Palo Alto Networks pulling in 25 cents earnings per share ex items, up 127% vs. the year-earlier quarter. Revenue is forecast to increase 44% up to $256.25 million. While still
Good earnings, good estimates and a track record of strong growth are three qualities that investors want to see before buying shares. Solid fundamentals outlast market corrections and various rallies. Technology-based companies such as Facebook (FB) and Palo Alto Networks (PANW) are among the fundamentally strong businesses that investors should keep an eye on — and especially keep watch over their three-year earnings-per-share growth rates.
Cybersecurity software firm Fortinet (FTNT) beat second-quarter earnings and sales estimates late Wednesday, and shares are surging in the stock market today. The beat is also lifting its cybersecurity peers: Palo Alto Networks (PANW), CyberArk Software (CYBR), Vasco Data Security (VDSI) and FireEye (FEYE). Fortinet gapped up 11.7% in huge volume to a new all-time high. Shares have gained 55% so far this year, finding support along the 50-day