Why is Palo Alto Networks reporting earnings Friday afternoon? The strange timing draws speculation. - Buzz Plugg Usa News

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Tuesday, August 15, 2023

Why is Palo Alto Networks reporting earnings Friday afternoon? The strange timing draws speculation.


Palo Alto Networks Inc. has Wall Street wondering why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.

While Palo Alto Networks’ PANW earnings have bounced around the weekly calendar in recent quarters, it’s unusual for companies in the S&P 500 index SPX to post results on a Friday after the closing bell. The last S&P 500 company to do so was Nike Inc. NKE in December 2020, according to Dow Jones Market Data, and aside from that, there were no others…



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