Check Point Software Technologies Earnings Preview: Can This Streak Continue?

Check Point Software Technologies (NASDAQ:CHKP) will report earnings before markets open on Thursday, July 18th. Check Point Software Technologies Ltd. develops, markets and supports a range of software and hardware products and services for information technology (NYSE:IT) security and offers its customers a network and gateway security solutions, data and endpoint security solutions and management solutions.

Here is your Cheat Sheet to Check Point Software Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.81 per share on revenues of $337.22 million. Currently, the company’s P/E ratio stands at 17.98.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.85 and has not changed. For the current year, the average estimate is a profit of $3.4, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Check Point Software Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 808 924 1,098 1,247 1,343
Diluted EPS ($) 1.50 1.68 2.13 2.54 2.96

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 328.65 332.36 368.57 322.73
Diluted EPS ($) 0.71 0.73 0.85 0.73

Past Performance:
Check Point Software Technologies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]