NetApp earnings beat by $0.20, revenue topped estimates

Investing.com – NetApp (NASDAQ: ) reported fourth quarter EPS of $1.54, $0.20 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1.58B versus the consensus estimate of $1.55B.

Guidance

NetApp sees Q1 2024 EPS of $1.00-$1.10 versus the analyst consensus of $1.19.

NetApp sees Q1 2024 revenue of $1.33B-$1.48B versus the analyst consensus of $1.47B.

NetApp sees FY 2024 EPS of $5.65-$5.85 versus the analyst consensus of $5.57.

NetApp’s stock price closed at $66.35. It is up 0.87% in the last 3 months and down -8.50% in the last 12 months.

NetApp saw 0 positive EPS revisions and 18 negative EPS revisions in the last 90 days. See NetApp’s stock price’s past reactions to earnings here.

According to InvestingPro, NetApp’s Financial Health score is “good performance”.

Check out NetApp’s , and NetApp’s financials here.

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