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NTAP

NetApp earnings beat by $0.11, revenue topped estimates

investing.com 28/08/2024 - 20:06 PM

NetApp Q1 Results

Investing.com – NetApp (NASDAQ: NTAP) reported first quarter EPS of $1.56, exceeding the analyst estimate of $1.45 by $0.11. Revenue for the quarter was $1.54B, slightly above the consensus estimate of $1.53B.

Guidance

  • Q2 2025 EPS: $1.73-$1.83 (analyst consensus: $1.70)
  • Q2 2025 Revenue: $1.57B-$1.72B (analyst consensus: $1.63B)
  • FY 2025 EPS: $7.00-$7.20 (analyst consensus: $6.89)
  • FY 2025 Revenue: $6.48B-$6.68B (analyst consensus: $6.55B)

NetApp’s stock price closed at $131.91, up 9.53% over the last 3 months and 72.61% in the past year. In the last 90 days, there were 9 positive and 5 negative EPS revisions.

According to InvestingPro, NetApp has a “good performance” financial health score. For recent earnings and financial details, visit NetApp’s page on Investing.com.

Stay informed on upcoming earnings reports by checking Investing.com’s earnings calendar.




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