Check Point Software Technologies Ltd expected to post earnings of $2.00 a share - Earnings Preview

Check Point Software Technologies

23/04/2024 14:56

* Check Point Software Technologies Ltd  CHKP.OQ 
 CHKP.O  is
expected to show a rise in quarterly revenue when it reports 
results on April 25 for the period ending March 31 2024
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
5.1% increase in revenue to $594.877 million from $566.2 million
a year ago, according to the mean estimate from 30 analysts,
based on LSEG data.The company's guidance on February 6 2024,
for the period ended March 31, was for revenue between $575.00
million and $610.00 million.
    * ​LSEG's mean analyst estimate for Check Point Software
Technologies Ltd is for earnings of $2.00 per share. The
company's EPS guidance on February 6 2024, for the period ended
March 31, was between $1.95 and $2.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 22
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Check Point
Software Technologies Ltd is $175.00​, above​ its last closing
price of $158.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.49        2.48       2.57      Beat    3.8
 Sep. 30 2023  2.02        2.02       2.07      Beat    2.5
 Jun. 30 2023  1.90        1.90       2.00      Beat    5.5​
 Mar. 31 2023  1.74        1.74       1.80      Beat    3.7
 ​​Dec.        2.35        2.35       2.45      Beat    4.1
 31 2022                                                
 Sep. 30 2022  1.68        1.67       1.77      Beat    5.7​
 Jun. 30 2022  1.62        1.62       1.64      Beat    1.5
 Mar. 31 2022  1.55        1.54       1.58      Beat    2.4
 This summary was machine generated April 23 at 13:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)