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Stock impact report

Fortinet (FTNT) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Fortinet, Inc. (FTNT) 
Last fortinet, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.fortinet.com
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%. Prior to today's trading, shares of the network security company had gained 1.96% over the past month. This has outpaced the Computer and Technology sector's gain of 0.73% and the S&P 500's gain of 1.95% in that time. The investment community will be closely monitoring the performance of Fortinet in its forthcoming earnings report. In that report, analysts expect Fortinet to post earnings of $0.51 per share. This would mark year-over-year growth of 24.39%. Simultaneously, our latest consensus estimate expects the revenue to be $1.48 billion, showing a 10.7% escalation compared to the year-ago quarter. FTNT's full-year Zacks Consensus Estimates are calling for earnings of $2.03 per share and revenue of $5.85 billion. These results would represent year-over-year changes of +24.54% and +10.22%, respectively. Investors sho Show less Read more
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