Benzinga | May 20, 2021 04:06PM EDT

Palo Alto Networks Q3 Adj. EPS $1.38 Beats $1.28 Estimate, Sales $1.10B Beat $1.06B Estimate

Palo Alto Networks (NYSE:PANW) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $1.28 by 7.81 percent. This is a 17.95 percent increase over earnings of $1.17 per share from the same period last year. The company reported quarterly sales of $1.10 billion which beat the analyst consensus estimate of $1.06 billion by 3.77 percent. This is a 26.52 percent increase over sales of $869.40 million the same period last year.