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Fortinet (FTNT) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(May. 2)
$0.43 Beat By $0.05
Consensus EPS
(May. 2)
$0.38
Read Call Transcript
Listen to Call
Latest SEC 10-Q Filing
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Earnings Per ShareRevenue

FTNT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

FTNT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Fortinet Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20245$0.25$0.31$0.290.370 - 0.390
Q2 20244$0.30$0.31$0.310.390 - 0.410
Q3 20244$0.35$0.39$0.36 
Q4 20244$0.38$0.49$0.42 
FY 202417$1.28$1.50$1.38 
Q1 20253$0.33$0.34$0.34 
Q2 20253$0.32$0.38$0.36 
Q3 20253$0.39$0.42$0.41 
Q4 20253$0.45$0.51$0.48 
FY 202512$1.49$1.65 $1.58

FTNT Earnings Date and Information

Fortinet last released its quarterly earnings results on May 2nd, 2024. The software maker reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. Its revenue for the quarter was up 7.2% on a year-over-year basis. Fortinet has generated $1.53 earnings per share over the last year ($1.53 diluted earnings per share) and currently has a price-to-earnings ratio of 39.1. Earnings for Fortinet are expected to grow by 10.27% in the coming year, from $1.46 to $1.61 per share. Fortinet has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off prior year's report dates.

Fortinet Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2024
Estimated)		------- 
5/2/2024Q1 2024$0.3830$0.43+$0.0470$0.39$1.34 billion$1.35 billion      
2/5/2024Q4 2023$0.43$0.51+$0.08$0.44$1.41 billion$1.42 billion    
11/2/2023Q3 2023$0.30$0.35+$0.05$0.29$1.35 billion$1.33 billion    
8/3/2023Q2 2023$0.3410$0.38+$0.0390$0.29$1.30 billion$1.29 billion      
5/4/2023Q1 2023$0.29$0.34+$0.05$0.27$1.20 billion$1.26 billion    
2/7/2023Q4 2022$0.39$0.44+$0.05$0.36$1.30 billion$1.28 billion    
11/2/2022Q3 2022$0.20$0.28+$0.08$0.27$1.12 billion$1.15 billion    
8/3/2022Q2 2022$0.15$0.18+$0.03$0.15$1.03 billion$1.03 billion
5/4/2022Q1 2022$0.10$0.1680+$0.0680$0.84$886.45 million$954.80 million    
2/3/2022Q4 2021$0.1680$0.1940+$0.0260$0.75$962.75 million$963.60 million    
11/4/2021Q3 2021$0.1880$0.1980+$0.01$0.49$812.21 million$867.20 million    
7/29/2021Q2 2021$0.1760$0.19+$0.0140$0.62$741.76 million$801.10 million    

Fortinet Earnings - Frequently Asked Questions

When is Fortinet's earnings date?

Fortinet has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, August 1st, 2024 based off last year's report dates. Learn more on FTNT's earnings history.

Did Fortinet beat their earnings estimates last quarter?

In the previous quarter, Fortinet (NASDAQ:FTNT) reported $0.43 earnings per share (EPS) to beat the analysts' consensus estimate of $0.38 by $0.05. Learn more on analysts' earnings estimate vs. FTNT's actual earnings.

How can I listen to Fortinet's earnings conference call?

The conference call for Fortinet's latest earnings report can be listened to online. Listen to Conference Call

How can I read Fortinet's conference call transcript?

The conference call transcript for Fortinet's latest earnings report can be read online. Read Transcript

How can I view Fortinet's earnings report?

Fortinet's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Fortinet generate each year?

Fortinet (NASDAQ:FTNT) has a recorded annual revenue of $5.30 billion.

How much profit does Fortinet generate each year?

Fortinet (NASDAQ:FTNT) has a recorded net income of $1.15 billion. FTNT has generated $1.53 earnings per share over the last four quarters.

What is Fortinet's price-to-earnings ratio?

Fortinet (NASDAQ:FTNT) has a trailing price-to-earnings ratio of 39.07 and a forward price-to-earnings ratio of 40.95. The price/earnings-to-growth ratio is 2.41.

What is Fortinet's EPS forecast for next year?

Fortinet's earnings are expected to grow from $1.46 per share to $1.61 per share in the next year, which is a 10.27% increase.


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This page (NASDAQ:FTNT) was last updated on 5/13/2024 by MarketBeat.com Staff

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