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Market Impact: 0.32

NetApp (NTAP) Q4 Earnings and Revenues Top Estimates

NTAP
Corporate EarningsAnalyst EstimatesCompany Fundamentals

NetApp reported quarterly EPS of $2.43, ahead of the Zacks Consensus Estimate of $2.27 and up from $1.93 a year ago. The 16 cent beat and solid year-over-year improvement point to better-than-expected operating performance. The headline is supportive for the stock, though the article contains no revenue or guidance details.

Analysis

NetApp reported quarterly EPS of $2.43, ahead of the Zacks Consensus Estimate of $2.27 and up from $1.93 a year ago. The 16 cent beat and solid year-over-year improvement point to better-than-expected operating performance. The headline is supportive for the stock, though the article contains no revenue or guidance details.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

NTAP0.45