Should Investors Buy or Hold Fortinet Stock Ahead of Q3 Earnings?

Fortinet (FTNT) is scheduled to report third-quarter 2024 results on Nov. 7, after market close.The cybersecurity firm projects revenues between $1.445 billion and $1.505 billion. The Zacks Consensus Estimate for the same is pegged at $1.48 billion, suggesting year-over-year growth of 10.69%.The company forecasts third-quarter non-GAAP earnings in the range of 56-58 cents per share. The consensus mark for earnings is pegged at 51 cents per share, implying a rise of 24.39% from the year-ago figure of 41 cent ...