Why Palo Alto Networks Shares Fell 21% Last Month [The Motley Fool]
Palo Alto Networks, Inc. (PANW)
Last palo alto networks, inc. earnings: 2/24 04:15 pm
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investors.paloaltonetworks.com/investor-overview
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Source: The Motley Fool
Why Palo Alto Networks Shares Fell 21% Last Month The network security expert's second-quarter revenue came in far below expectations, and the near future looks grim. Shares of Palo Alto Networks ( NYSE:PANW ) fell 21.4% in February 2020, a ccording to data from S&P Global Market Intelligence . The network security specialist's stock was tracking right alongside the broader market all month long until a mixed second-quarter earnings report spoiled the party. Palo Alto's second-quarter earnings fell 21% year over year to land at $1.19 per share. Revenue rose by 15% to $817 million. Your average analyst had been looking for earnings of roughly $1.12 per share on sales in the neighborhood of $843 million. Looking ahead, management set up third-quarter guidance targets well below the Street view and reduced its full-year projections. The stock crashed 16% lower that day and continued to slide amid the marketwide coronavirus scare to close out February's market action. Perhaps the most f
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PANW
News
- Company News for Nov 22, 2024 [Yahoo! Finance]Yahoo! Finance
- Palo Alto Networks to Present at Upcoming Investor Event [Yahoo! Finance]Yahoo! Finance
- Palo Alto Networks to Present at Upcoming Investor EventPR Newswire
- Palo Alto Networks, Inc. (NASDAQ: PANW) was downgraded by analysts at HSBC Holdings plc from a "hold" rating to a "reduce" rating. They now have a $291.00 price target on the stock, down previously from $304.00.MarketBeat
- Palo Alto Networks First Quarter 2025 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
PANW
Earnings
- 11/20/24 - Beat
PANW
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 10-Q
- 11/20/24 - Form 8-K
- PANW's page on the SEC website