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-0.000188625860605451 -0.000424408186362366 0.000848816372724733 0.000377251721211037 0.00367726115250398 0.00358200509289826 0.00245213618787141 0.00235782325756861
Stock impact report

Why Fortinet (FTNT) Could Beat Earnings Estimates Again [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
quarterly report, you should consider Fortinet (FTNT). This company, which is in the Zacks Security industry, shows potential for another earnings beat. This network security company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 23.43%. For the most recent quarter, Fortinet was expected to post earnings of $0.60 per share, but it reported $0.74 per share instead, representing a surprise of 23.33%. For the previous quarter, the consensus estimate was $0.51 per share, while it actually produced $0.63 per share, a surprise of 23.53%. Thanks in part to this history, there has been a favorable change in earnings estimates for Fortinet lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the c Show less Read more
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