Gear Up for Palo Alto (PANW) Q2 Earnings: Wall Street Estimates for Key Metrics

Analysts on Wall Street project that Palo Alto Networks (PANW) will announce quarterly earnings of $0.78 per share in its forthcoming report, representing an increase of 6.9% year over year. Revenues are projected to reach $2.24 billion, increasing 13.3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.In light of this perspective, let's dive into the average estimates of certain Palo Alto metrics that are commonly tracked and forecasted by Wall Street analysts.Analysts forecast 'Revenue- Product' to reach $390.98 million. The estimate indicates a change of +0.1% from the prior-year quarter.Analysts' assessment points toward 'Revenue- Subscription and support' reaching $1.84 billion. The estimate points to a change of +16.3% from the year-ago quarter.Analysts predict that the 'Revenue- Subscription and support- Support' will reach $607.14 million. The estimate indicates a change of +8.9% from the prior-year quarter.The collective assessment of analysts points to an estimated 'Revenue- Subscription and support- Subscription' of $1.23 billion. The estimate indicates a year-over-year change of +20.1%.The consensus among analysts is that 'RPO (Remaining Performance Obligation)' will reach $12.96 billion. Compared to the present estimate, the company reported $10.8 billion in the same quarter last year.Based on the collective assessment of analysts, 'Product gross profit Non-GAAP' should arrive at $308.03 million. Compared to the current estimate, the company reported $305.90 million in the same quarter of the previous year.It is projected by analysts that the 'Subscription and support gross profit Non-?GAAP' will reach $1.42 billion. The estimate compares to the year-ago value of $1.23 billion.Analysts expect 'Subscription and support gross profit GAAP' to come in at $1.37 billion. Compared to the current estimate, the company reported $1.17 billion in the same quarter of the previous year.According to the collective judgment of analysts, 'Product gross profit GAAP' should come in at $313.07 million. Compared to the present estimate, the company reported $302.50 million in the same quarter last year.View all Key Company Metrics for Palo Alto here>>>Palo Alto shares have witnessed a change of +11.8% in the past month, in contrast to the Zacks S&P 500 composite's +2.1% move. With a Zacks Rank #3 (Hold), PANW is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks