FMP
May 24, 2023 5:07 PM - Davit Kirakosyan
Palo Alto Networks (NASDAQ:PANW) shares rose more than 8% intra-day today after the company released its Q3 earnings, with EPS coming in at $1.10, beating the Street estimate of $0.93. However, revenue of $1.7 billion was slightly below the Street estimate of $1.72 billion.
Management credited strong execution as they delivered upside to virtually all headline metrics despite a macro environment that got worse during the quarter.
The company anticipates Q4/23 EPS to be in the range of $1.26-$1.30, compared to the Street’s $1.20, and revenue in the range of $1.937-$1.967 billion, compared to the Street’s $1.95 billion.
Full-year EPS is seen at $4.25-$4.29, compared to the Street’s $4.02, and revenue of $6.88-$6.91 billion, compared to the Street’s $6.89 billion.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...