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California-based Palo Alto Networks, Inc. (PANW) is a leading cybersecurity company that specializes in advanced network security solutions for enterprises, service providers, and government entities. With a market cap of $105.8 billion, the company is expected to announce its fiscal Q4 earnings results on Friday, Aug. 16.
Ahead of its upcoming earnings report, analysts project the cybersecurity giant to report a profit of $0.77 per share, down 3.8% from $0.80 per share in the year-ago quarter. Despite this, the company has consistently exceeded Wall Street's bottom-line expectations, surpassing estimates in each of the last four quarters, including a notable 56.1% beat in the most recent quarter with an EPS of $0.89.
