Check Point Software Technologies Ltd expected to post earnings of $2.48 a share - Earnings Preview

Check Point Software Technologies

02/02/2024 14:54

* Check Point Software Technologies Ltd  CHKP.OQ 
 CHKP.O  is
expected to show a rise in quarterly revenue when it reports 
results on February 6 for the period ending December 31 2023
    * The Tel Aviv-yafo Israel-based   company is expected to
report a
3.6% increase in revenue to $661.465 million from $638.5 million
a year ago, according to the mean estimate from 29 analysts,
based on LSEG data.The company's guidance on October 30 2023,
for the period ended December 31, was for revenue between
$636.00 million and $686.00 million. (SAL is based on Total
Revenue Basis.)
    * ​LSEG's mean analyst estimate for Check Point Software
Technologies Ltd is for earnings of $2.48 per share. The
company's EPS guidance on October 30 2023, for the period ended
December 31, was between $2.35 and $2.55 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 23
"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 $160.00​, below​ its last closing
price of $161.99. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  2.35        2.35       2.45      Beat    4.1
 ​​Sep.        1.68        1.67       1.77      Beat    5.7
 30 2022                                                
 Jun. 30 2022  1.62        1.62       1.64      Beat    1.5​
 Mar. 31 2022  1.55        1.54       1.58      Beat    2.4
 Dec. 31 2021  2.14        2.12       2.25      Beat    6.1
 This summary was machine generated February 2 at 14:54 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)