NetApp Q4 2024 Adj EPS $1.80 Beats $1.79 Estimate, Sales $1.670B Beat $1.655B Estimate
Portfolio Pulse from Benzinga Newsdesk
NetApp (NASDAQ:NTAP) reported Q4 2024 adjusted EPS of $1.80, beating the estimate of $1.79. Sales were $1.670 billion, surpassing the $1.655 billion estimate and marking a 5.63% increase from the same period last year.
May 30, 2024 | 8:01 pm
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NetApp reported Q4 2024 adjusted EPS of $1.80, beating the estimate of $1.79. Sales were $1.670 billion, surpassing the $1.655 billion estimate and marking a 5.63% increase from the same period last year.
NetApp's Q4 2024 earnings and sales both exceeded analyst estimates, indicating strong financial performance. This positive earnings surprise is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100