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Fortinet, Inc. (NASDAQ:FTNT) is set to report earnings for the last fiscal quarter after the closing bell on October 24, 2011.

Overview
FTNT trades an average of 2.2 million shares per day.

Fortinet, together with its subsidiaries, provides network security appliances and unified threat management network security solutions to enterprises, service providers, and government entities worldwide. The company was founded in 2000 and is headquartered in Sunnyvale, California.

52-Week High: $28.56
52-Week Low: $13.44
Float Short: 4.03%

On average, analysts are expecting a drop of $-0.01 in earnings per share compared to last quarter's results of $0.09. The number to beat is $0.08 per share, based on the estimated mean earnings. Analyst estimates range between $0.06 and $0.09 per share. After getting sold off from this summer, Fortinet is climbing higher into earnings. The stock price even managed to move above the 60-day moving average last week.

Revenue year-over-year has increased to $324.70 million for 2010 vs. $252.12 million for 2009. The bottom line has falling earnings year-over-year of $41.25 million for 2010 vs. $60.18 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $55.34 million for 2010 vs. $25.33 million for 2009.

paid2trade.com revenue gross bar chart for FTNT

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 96.65 M $ 103.02 M $ 6.37 M 6.59%
Mar-11 $ 86.86 M $ 93.27 M $ 6.41 M 7.38%
Dec-10 $ 86.62 M $ 93.60 M $ 6.98 M 8.06%
Sep-10 $ 77.21 M $ 84.97 M $ 7.76 M 10.05%
Jun-10 $ 72.57 M $ 76.33 M $ 3.76 M 5.18%
M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

Reported earnings per share compared to the mean estimate. Differences are rounded.

Eaton Corporation (NYSE:ETN) is due to report earnings before the opening bell on October 24, 2011.

Overview
ETN trades an average of 5 million shares per day.

Eaton Corporation operates as a power management company worldwide. The company was founded in 1916 and is headquartered in Cleveland, Ohio.

52-Week High: $56.42
52-Week Low: $21.47
Book Value: $23.90
Float Short: 2.05%

Analysts are expecting an improvement of $0.12 in earnings per share compared to last quarter's results of $0.97. A beat of $1.09 per share will top the estimated per share earnings. Analyst estimates range between $1.03 and $1.14 per share.

The current trailing twelve months (ttm) P/E ratio is 12 The forward P/E ratio is 10.5. In the last month, the stock has increased in price 6.11%, and 0.84% from one year ago. When comparing to the S&P 500, the year-to-date difference is -14.67%.

Revenue year-over-year has increased to $13.72 billion for 2010 vs. $11.87 billion for 2009. The bottom line has rising earnings year-over-year of $929.00 million for 2010 vs. $383.00 million for 2009. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $1.17 billion for 2010 vs. $444.00 million for 2009.

paid2trade.com revenue gross bar chart for ETN

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 4.02 B $ 4.09 B $ 74.70 M 1.86%
Mar-11 $ 3.65 B $ 3.80 B $ 155.80 M 4.27%
Dec-10 $ 3.63 B $ 3.66 B $ 28.72 M 0.79%
Sep-10 $ 3.41 B $ 3.57 B $ 164.00 M 4.81%
Jun-10 $ 3.24 B $ 3.38 B $ 140.19 M 4.33%

M = millions, B = billions.
Differences are rounded.
Some one-time items are often excluded in reported EPS.

Reported earnings per share compared to the mean estimate. Differences are rounded.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: Fortinet, Eaton Report Results Monday