. The cyber-security company reported earnings of $1.05 per share excluding certain items on revenue of $772 million, exceeding the earnings of $1.03 per share and revenue of $768 million expected by analysts polled by Refinitiv.
Palo Alto's earnings outlook for the second quarter fell short of analyst forecasts. The company expects earnings between $1.11 and $1.13 per share, while analysts expected $1.30 per share in the quarter. Palo Alto's revenue outlook is in line with expectations, ranging between $838 million and $848 million, while analysts anticipate revenue of $845 million.
PVH also topped earnings forecasts, raising its outlook for the year to between $9.43 and $9.45 per share from its previous range of $9.30 to $9.40 per share. Analysts expect full-year earnings of $9.39 per share. "We believe the current holiday season will be very competitive and highly promotional, and expect that the macroeconomic and geopolitical volatility we are experiencing globally will remain a headwind," said CEO Emanuel Chirico in
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