NetApp (NTAP) Earnings Date, Estimates & Call Transcripts

$100.06
+0.64 (+0.64%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 29Estimated
Actual EPS
(Feb. 29)
$1.94 Beat By $0.25
Consensus EPS
(Feb. 29)
$1.69
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NTAP Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

NTAP Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

NetApp Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$1.05$1.23$1.11 
Q2 20244$1.03$1.19$1.12$1.35 - $1.45
Q3 20244$1.13$1.38$1.271.640 - 1.740
Q4 20244$1.22$1.45$1.371.730 - 1.830
FY 202415$4.43$5.25$4.87 
Q1 20253$1.05$1.36$1.16 
Q2 20253$1.17$1.33$1.27 
Q3 20252$1.18$1.35$1.27 
Q4 20252$1.40$1.54$1.47 
FY 202510$4.80$5.58$5.16 
Q1 20261$1.22$1.22$1.22 

NTAP Earnings Date and Information

NetApp last posted its earnings results on February 29th, 2024. The data storage provider reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.25. The firm earned $1.61 billion during the quarter, compared to analyst estimates of $1.59 billion. Its revenue for the quarter was up 5.2% compared to the same quarter last year. NetApp has generated $4.40 earnings per share over the last year ($4.40 diluted earnings per share) and currently has a price-to-earnings ratio of 22.7. Earnings for NetApp are expected to grow by 5.81% in the coming year, from $5.16 to $5.46 per share. NetApp has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 29th, 2024 based off prior year's report dates.NetApp will be holding an earnings conference call on Thursday, February 27th at 5:00 PM Eastern. Interested parties can register for or listen to the call..

NetApp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/29/2024
Estimated)
-------  
2/29/2024Q3 2024$1.69$1.94+$0.25$1.72$1.59 billion$1.61 billion    
11/28/2023Q4 2023$1.39$1.58+$0.19$1.36$1.53 billion$1.56 billion    
8/23/2023Q3 2023$1.07$1.15+$0.08$0.99$1.41 billion$1.43 billion    
5/31/2023Q4 2023$1.34$1.54+$0.20$1.27$1.54 billion$1.58 billion    
2/22/2023Q3 2023$1.3140$1.37+$0.0560$1.74$1.61 billion$1.53 billion    
11/29/2022Q2 2023$1.08$1.20+$0.12($1.01)$1.67 billion$1.66 billion    
8/24/2022Q1 2023$0.86$0.97+$0.11$0.98$1.55 billion$1.59 billion    
6/1/2022Q4 2022$1.04$1.21+$0.17$1.28$1.68 billion$1.68 billion    
2/23/2022Q3 2022$1.07$1.20+$0.13$1.30$1.61 billion$1.61 billion    
11/30/2021Q4 2021$1.21$1.28+$0.07$1.14$1.55 billion$1.57 billion    
8/24/2021Q3 2021$0.95$1.15+$0.20$1.10$1.43 billion$1.46 billion    
6/1/2021Q2 2021$1.12$1.17+$0.05$0.46$1.50 billion$1.56 billion  

NetApp Earnings - Frequently Asked Questions

When is NetApp's earnings date?

NetApp has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 29th, 2024 based off last year's report dates. Learn more on NTAP's earnings history.

Did NetApp beat their earnings estimates last quarter?

In the previous quarter, NetApp (NASDAQ:NTAP) reported $1.94 earnings per share (EPS) to beat the analysts' consensus estimate of $1.69 by $0.25. Learn more on analysts' earnings estimate vs. NTAP's actual earnings.

How can I listen to NetApp's earnings conference call?

The conference call for NetApp's latest earnings report can be listened to online. Listen to Conference Call

How can I read NetApp's conference call transcript?

The conference call transcript for NetApp's latest earnings report can be read online. Read Transcript

How much revenue does NetApp generate each year?

NetApp (NASDAQ:NTAP) has a recorded annual revenue of $6.36 billion.

How much profit does NetApp generate each year?

NetApp (NASDAQ:NTAP) has a recorded net income of $1.27 billion. NTAP has generated $4.40 earnings per share over the last four quarters.

What is NetApp's price-to-earnings ratio?

NetApp (NASDAQ:NTAP) has a trailing price-to-earnings ratio of 22.74 and a forward price-to-earnings ratio of 19.39. The price/earnings-to-growth ratio is 2.16.

What is NetApp's EPS forecast for next year?

NetApp's earnings are expected to grow from $5.16 per share to $5.46 per share in the next year, which is a 5.81% increase.


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This page (NASDAQ:NTAP) was last updated on 4/24/2024 by MarketBeat.com Staff

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