Here's How NetApp (NTAP) is Placed Ahead of Q4 Earnings

Published on 27 May 2024 on Zacks via Yahoo Finance

Here's How NetApp (NTAP) is Placed Ahead of Q4 Earnings

NetApp Inc NTAP is slated to release fourth-quarter fiscal 2024 earnings on May 30.The company projects non-GAAP earnings per share (EPS) to be between $1.73 and $1.83 for the quarter. The Zacks Consensus Estimate is pegged at $1.80, suggesting an increase of 16.9% from the year-ago.Net revenues are anticipated in the range of $1.585-$1.735 billion. The Zacks Consensus Estimate is pegged at $1.66 billion, implying a 5.1% increase from the prior-year.NTAP beat estimates in each of the last four quarters, delivering an average earnings surprise of 12.3%.

NetApp, Inc. Price and EPS Surprise

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Here's How NetApp (NTAP) is Placed Ahead of Q4 Earnings

NASDAQ.NTAP price evolution

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