What to Expect From NetApp's Earnings
What to Expect From NetApp's Earnings
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NetApp (NASDAQ:NTAP) is gearing up to announce its quarterly earnings on Thursday, 2024-11-21. Here's a quick overview of what investors should know before the release.
Analysts are estimating that NetApp will report anearnings per share(EPS) of $1.78.
Anticipation surrounds NetApp's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
The company's EPS beat by $0.11 in the last quarter, leading to a 9.64% drop in the share price...
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