ETR Earnings Preview

As this quarter’s earnings season rolls along, this week, we take a deep dive into Palo Alto Network’s most recent spending intentions data ahead of their expected report on Tuesday, February 20th. Shares of Palo Alto have been on a tremendous trajectory for the last four years, rising from pre-pandemic levels of $80 to more than $365 as of press time, driven by strong revenues, EPS growth, and a steady buyback program. Let’s take a look at the data to see if there are any signs of a slowdown in their forward-looking spending intentions.

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