Mark your calendars for Tuesday 29th October 2024, as Check Point Software Technologies Ltd. (NASDAQ: CHKP) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
the company is expected to report an estimated per share $2.25 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $634.86 million during this period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $2.07. This notable figure was attributed to the company's total revenue, which settled at an impressive $596.3 million during that specific quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $2.56 billion. Additionally, they are expecting the company to achieve per share profit of $9.1 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.17 | +8.5% | 627.40 M | +6.6% |
| Q1 2024 | $2.04 | +13.3% | 598.80 M | +5.8% |
| Q4 2023 | $2.57 | +4.9% | 663.50 M | +3.9% |
| Q3 2023 | $2.07 | +16.9% | 596.30 M | +3.2% |
| Q2 2023 | $2.00 | +22.0% | 588.70 M | +3.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 08:30 AM eastern time to review the Q3 2024 financial results.
Friday's trading saw Check Point Software Technologies Ltd. (CHKP) shares hit a low of $205.63 and a high of $208.49, with a day volume of 514.00 thousand shares. The stock closed the regular trading session at $207.16, demonstrating 0.86 percent increase.
