Check Point Software announced earnings per share of $1.42 on revenue of $486.5M. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $481.09M. That with comparison to EPS of $1.32 on revenue of $471.83M in the same period a year before. Check Point Software had reported EPS of $2.02 on revenue of $543.8M in the previous quarter. Analysts are expecting EPS of $1.44 and revenue of $490.54M in the upcoming quarter.
Check Point Software shares are down 5% from the beginning of the year , still down 13.92% from its 52 week high of $121.25 set on April 29, 2019. They are under-performing the Nasdaq which is down 4.48% year to date.
Check Point Software’s report follows an earnings matched by Taiwan Semiconductor on Saturday, who reported EPS of $0.75 on revenue of $10.34B, compared to forecasts EPS of $0.75 on revenue of $10.32B.
Intel had beat expectations on Thursday with first quarter EPS of $1.45 on revenue of $19.83B, compared to forecast for EPS of $1.28 on revenue of $18.67B.
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