Why Fortinet (FTNT) is Poised to Beat Earnings Estimates Again

Core Insights - Fortinet (FTNT) is positioned to potentially continue its earnings-beat streak, having a history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 8.95% [1][5] Earnings Performance - For the most recent quarter, Fortinet reported earnings of $0.59 per share against an expectation of $0.64, resulting in a surprise of 8.47%. In the previous quarter, the company reported $0.58 per share compared to a consensus estimate of $0.53, achieving a surprise of 9.43% [2][5] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Fortinet, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat, especially given its solid Zacks Rank [5][8] - The current Earnings ESP for Fortinet is +4.45%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6][8] - The next earnings report for Fortinet is expected to be released on November 5, 2025 [8]