Palo Alto Earnings Due. Will Cybersecurity Firm Win Back Wall Street's Confidence?
Palo Alto(PANW) investors.com·2024-05-17 22:37
Cybersecurity firm Palo Alto Networks (PANW) has lowered the bar heading into its fiscal third quarter earnings report on Monday, with Wall Street expecting only 3.3% billings growth. But expectations for Palo Alto stock are higher for the July quarter and fiscal 2025.X Evercore ISI analyst Peter Levine says Palo Alto needs to rebuild confidence on Wall Street amid recent quarterly misses on key financial metrics, such as billings."It's unclear to us how much visibility management currently has, considering ...