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

Wall Street wonders why the cybersecurity company decided to report earnings and hold its conference call after the close of markets on a Friday.

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.

In keeping with the Friday earnings theme, Tilton used football metaphors to discuss the situation facing Chief Executive Nikesh Arora. “Concerns were exacerbated by the company’s choice to uncharacteristically release earnings on a Friday after the close in the summer, followed by a two-hour conference call, and the offer to conduct one-on-one calls with the sell-side over the weekend to clarify issues,” DiFucci said. Then, the analyst added, recent field checks showed end-of-the-quarter strength, “bringing things full circle.”

Analysts surveyed by FactSet, on average, expect fiscal fourth-quarter earnings of $1.29 a share on revenue of $1.96 billion. Read: Microsoft cybersecurity expansion poses long-term ramifications for Palo Alto Networks, Cloudflare, others

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