Earnings Alert: PANW, TOL

<p>Palo Alto Networks (PANW) reported better-than-expected 2Q EPS and sales results, and the stock gained in after-hours trading after falling more than one percent in the trading day. The company delivered nearly 30% annual revenue growth and narrowed its operating loss from the same time the previous year. Toll Brothers (TOL) reported 1Q EPS and sales results ahead of analyst estimates, and the company said its homes backlog increased 27% year-over-year to 11,302. George Tsilis breaks down the reports. </p><p><br></p>