Check Point Software Technologies Ltd expected to post earnings of $2.16 a share - Earnings Preview

Check Point Software Technologies

22/07/2024 15:57

* Check Point Software Technologies Ltd  CHKP.OQ 
 CHKP.O  is
expected to show a rise in quarterly revenue when it reports 
results on July 24 for the period ending June 30 2024
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
5.9% increase in revenue to $623.143 million from $588.7 million
a year ago, according to the mean estimate from 30 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Check Point Software
Technologies Ltd is for earnings of $2.16 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "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 $170.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  2.01        2.00       2.04      Beat    1.8
 Dec. 31 2024  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.        1.74        1.74       1.80      Beat    3.7
 31 2023                                                
 Jan. 1 0001   2.35        2.35       2.45      Beat    4.1​
 Sep. 30 2022  1.68        1.67       1.77      Beat    5.7
 Jun. 30 2022  1.62        1.62       1.64      Beat    1.5
 This summary was machine generated July 22 at 14:57 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)