Check Point Software Technologies Ltd. (NASDAQ:CHKP) security software and hardware services provider, is expected to report second quarter earnings results, before market open, on Wednesday 22nd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.44 per share.
Looking ahead, the full year income are expected at $ 6.37 per share on the revenues of $ 2013.53 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,000.00 million ~ $ 2,100.00 million, where as bottomline are predicted in a range of $ 6.25 ~ $ 6.65 per share
Click Here For More Historical Outlooks Of Check Point Software Technologies Ltd.
Previous Quarter Performance
Check Point Software Technologies Ltd. posted income for the first quarter of $ 1.42 per share, from the revenue of $ 486.50 million. The quarterly earnings increased 7.58 percent while revenues escalated 3.27 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.38 per share from $ 480.35 million in revenue. The bottom line results beat street analysts by $ 0.04 or 2.90 percent, at the same time, top line results outshined analysts by $ 6.15 million or 1.28 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CHKP was $ 124.36, representing a 55.33 % increase from the 52 week low of $ 80.06 and a 0.88 % decrease over the 52 week high of $ 125.46.
The company has a market capital of $ 17.44 billion and is part of the Technology sector and Software – Application industry.
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Recent Analyst recommendations
On 14th July 2020, maintained by Morgan Stanley at Underweight rating, with $ 96.00 target price.
Conference Call
Check Point Software Technologies Ltd. will be hosting a conference call at 8:30 AM eastern time on 22nd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.checkpoint.com
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions.
