Check Point Software Technologies .-Check Point (CHKP) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Check Point Software (CHKP) reported revenue of $703.7 million for Q4 2024, marking a year-over-year increase of 6.1% and exceeding the Zacks Consensus Estimate of$ 698.21 million by 0.79% [1] - The company's EPS for the same period was $2.70, up from$ 2.57 a year ago, also surpassing the consensus EPS estimate of $2.66 by 1.50% [1] Revenue Breakdown - Total revenues from products and security subscriptions reached$ 462.80 million, exceeding the average estimate of $454.82 million by analysts, reflecting a year-over-year increase of 9.1% [4] - Revenues from software updates and maintenance were$ 240.90 million, slightly below the estimated $242.63 million, with a year-over-year change of 0.6% [4] - Revenues from products and licenses amounted to$ 170.60 million, surpassing the average estimate of $161.62 million, representing a year-over-year increase of 7.8% [4] - Revenues from security subscriptions totaled$ 292.20 million, slightly below the estimated $293.23 million, with a year-over-year increase of 9.9% [4] Stock Performance - Check Point's shares have returned +9.2% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]