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Check Point Software (CHKP) Tops Q2 EPS by 2c; Guides Q3, Raises FY11 Outlook

July 18, 2011 7:04 AM EDT
Check Point Software (Nasdaq: CHKP) reported Q2 EPS of $0.68, $0.02 better than the analyst estimate of $0.66. Revenue for the quarter came in at $300.6 million versus the consensus estimate of $295.93 million.

Sees Q3 adj-EPS of 67-70c, which compares to the Street estimate of 69c. Sees sales of $300-$308 million, versus the consensus of $303.3 million.

Raises its FY11 adj-EPS guidance from $2.65-$2.75 to $2.77-$2.84, versus the consensus of $2.77. Sales move from $1.185-$1.225 billion to $1.225-$1.25 billion, which compares to the Street estimate of $1.23 billion.


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Earnings, Guidance