Wall Street’s Q3 earnings season gathers momentum as the biggest names in the world get set to report their latest results.
As such, it shouldn’t come as a surprise that Caterpillar is forecast to deliver strong profit and sales growth when it reports third quarter earnings before the U.S. market opens on Tuesday, October 31 at 6:30AM EST. Meanwhile, revenue is expected to climb roughly 18% year-over-year to $1.35 billion. If confirmed, that would mark Fortinet’s best quarterly sales tally on record thanks to robust demand for its cloud-based security solutions from large enterprises.FTNT stock ended at $57.54 yesterday, earning the Sunnyvale, California-based network-security firm a valuation of $45.2 billion. Shares are up 17.7% year-to-date, a tad higher than the Global X Cybersecurity ETF's , best known for its T.J.
Shares are up 12.4% year-to-date, compared with a decline of roughly 3% for the S&P 500 Retail Select Sector SPDR ETF has consistently displayed robust growth potential. Its innovative cloud-based software solutions have propelled the enterprise software giant to the forefront of its industry.
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