NetApp Sees FY24 Adj. EPS $5.65-$5.85 vs $5.57 Est.
Portfolio Pulse from Bill Haddad
NetApp has provided guidance for FY24, projecting adjusted EPS of $5.65-$5.85, higher than the estimated $5.57.
May 31, 2023 | 8:06 pm
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NetApp's FY24 adjusted EPS guidance is higher than expected, potentially leading to a positive short-term impact on its stock price.
NetApp has provided a higher adjusted EPS guidance for FY24 than the current estimate. This positive news may lead investors to believe that the company is performing better than expected, which could result in a short-term increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100