What You Need to Know Ahead of Fortinet's Earnings Release

Valued at a market cap of $73.6 billion, Fortinet, Inc. (FTNT)  provides cybersecurity and convergence of networking and security solutions. The Sunnyvale, California-based company’s solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam, and wide area network acceleration. It is expected to announce its fiscal Q4 earnings results after the market closes on Thursday, Feb. 6. 

Prior to this event, analysts expect the cybersecurity company to report a profit of $0.52 per share, up 23.8% from $0.42 per share in the year-ago quarter. The company has consistently beaten Wall Street's bottom-line estimates in the last four quarters. Its adjusted earnings of $0.56 per share in its last reported quarter crushed the consensus estimates by a notable margin of 30.2%.