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Check Point (CHKP) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKSยท 2025-04-23 14:36
Core Insights - Check Point Software (CHKP) reported revenue of $637.8 million for Q1 2025, marking a year-over-year increase of 6.5% and exceeding the Zacks Consensus Estimate of $636.42 million by 0.22% [1] - The company's EPS for the same period was $2.21, up from $2.04 a year ago, surpassing the consensus EPS estimate of $2.19 by 0.91% [1] Revenue Breakdown - Calculated Billings reached $553 million, slightly above the average estimate of $550.31 million from seven analysts [4] - Total revenues from products and security subscriptions amounted to $404.70 million, exceeding the average estimate of $396.29 million from 11 analysts, representing an 11.3% year-over-year increase [4] - Revenues from software updates and maintenance were $233.10 million, below the average estimate of $238.95 million, reflecting a year-over-year decline of 0.9% [4] - Revenues from products and licenses were reported at $114.10 million, surpassing the average estimate of $104.73 million, indicating a year-over-year increase of 13.8% [4] - Revenues from security subscriptions totaled $290.60 million, slightly below the average estimate of $292.02 million, but still showing a year-over-year growth of 10.3% [4] Stock Performance - Over the past month, Check Point's shares have returned -7.9%, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]