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14 best consumer staples dividend stocks
An Unusual Way to Invest in Gold (Ad)
How to find blue-chip dividend stocks
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The Battery Metal Nobody Told You About (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
The Battery Metal Nobody Told You About (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
An Unusual Way to Invest in Gold (Ad)
How to find blue-chip dividend stocks
Ex dividend date vs record date: What’s the difference?
The Battery Metal Nobody Told You About (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
The Battery Metal Nobody Told You About (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
An Unusual Way to Invest in Gold (Ad)
How to find blue-chip dividend stocks
Ex dividend date vs record date: What’s the difference?
The Battery Metal Nobody Told You About (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
The Battery Metal Nobody Told You About (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
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Fortinet (FTNT) Earnings Date, Estimates & Call Transcripts

$51.83
-0.69 (-1.31%)
(As of 12/6/2023 ET)
Compare
Today's Range
$51.79
▼
$52.99
50-Day Range
$49.52
▼
$59.93
52-Week Range
$44.12
▼
$81.24
Volume
4.05 million shs
Average Volume
5.83 million shs
Market Capitalization
$39.80 billion
P/E Ratio
35.75
Dividend Yield
N/A
Price Target
$65.90
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Earnings Summary

Upcoming
Earnings Date
Feb. 6Estimated
Actual EPS
(Nov. 2)
$0.35 Beat By $0.05
Consensus EPS
(Nov. 2)
$0.30
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
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 20235$0.18$0.22$0.20$0.27 - $0.29
Q2 20235$0.22$0.25$0.24 
Q3 20235$0.27$0.30$0.29$0.35 - $0.37
Q4 20235$0.33$0.38$0.36 
FY 202320$1.00$1.15$1.09 
Q1 20245$0.25$0.28$0.27 
Q2 20244$0.30$0.31$0.31 
Q3 20243$0.34$0.39$0.36 
Q4 20244$0.43$0.49$0.46 
FY 202416$1.32$1.47$1.39 
Q1 20251$0.35$0.35$0.35 

FTNT Earnings Date and Information

Fortinet last posted its quarterly earnings data on November 2nd, 2023. The software maker reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.05. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.35 billion. Its revenue for the quarter was up 15.7% on a year-over-year basis. Fortinet has generated $1.45 earnings per share over the last year ($1.45 diluted earnings per share) and currently has a price-to-earnings ratio of 35.7. Earnings for Fortinet are expected to grow by 6.20% in the coming year, from $1.29 to $1.37 per share. Fortinet has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 6th, 2024 based off prior year's report dates.

Fortinet Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
2/6/2024
Estimated)		------- 
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    
4/29/2021Q1 2021$0.0960$0.1620+$0.0660$0.50$678.91 million$710.30 million    
2/4/2021Q4 2020$0.1420$0.2120+$0.07$0.77$722.37 million$748.00 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 Tuesday, February 6th, 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 $0.35 earnings per share (EPS) to beat the analysts' consensus estimate of $0.30 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 much revenue does Fortinet generate each year?

Fortinet (NASDAQ:FTNT) has a recorded annual revenue of $5.17 billion.

How much profit does Fortinet generate each year?

Fortinet (NASDAQ:FTNT) has a recorded net income of $857.30 million. FTNT has generated $1.45 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 35.75 and a forward price-to-earnings ratio of 40.18. The price/earnings-to-growth ratio is 2.36.

What is Fortinet's EPS forecast for next year?

Fortinet's earnings are expected to grow from $1.29 per share to $1.37 per share in the next year, which is a 6.20% increase.


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This page (NASDAQ:FTNT) was last updated on 12/7/2023 by MarketBeat.com Staff

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