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NetApp (NTAP) Earnings Date, Estimates & Call Transcripts

$114.18
-2.64 (-2.26%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 26Estimated
Actual EPS
(Aug. 28)
$1.56 Beat By $0.11
Consensus EPS
(Aug. 28)
$1.45
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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$1.161.400 - 1.500
Q2 20253$1.17$1.33$1.271.730 - 1.830
Q3 20252$1.18$1.35$1.27 
Q4 20253$1.40$1.56$1.50 
FY 202511$4.80$5.60$5.19 
Q1 20262$1.22$1.25$1.24 
Q3 20261$1.65$1.65$1.65 
Q4 20261$1.80$1.80$1.80 

NTAP Earnings Date and Information

NetApp last released its quarterly earnings results on August 28th, 2024. The data storage provider reported $1.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.45 by $0.11. The company earned $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. Its revenue for the quarter was up 7.6% on a year-over-year basis. NetApp has generated $4.64 earnings per share over the last year ($4.64 diluted earnings per share) and currently has a price-to-earnings ratio of 24.6. Earnings for NetApp are expected to grow by 7.46% in the coming year, from $5.63 to $6.05 per share. NetApp has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, November 26th, 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 RevenueLinks
11/26/2024
(Estimated)
-------  
8/28/2024Q1 2025$1.45$1.56+$0.11$1.31$1.53 billion$1.54 billion    
5/30/2024Q4 2024$1.48$1.80+$0.32$1.49$1.65 billion$1.67 billion        
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      
2/24/2021Q1 2021$1.01$1.10+$0.09$1.08$1.43 billion$1.47 billion  
11/30/2020Q4 2020$0.73$1.05+$0.32$1.13$1.31 billion$1.42 billion  
8/26/2020Q3 2020$0.41$0.73+$0.32$0.73$1.15 billion$1.30 billion  
5/27/2020Q4 2020$1.04$1.19+$0.15$1.18$1.37 billion$1.40 billion  
2/12/2020Q1 2020$1.18$1.16($0.02)$0.83$1.47 billion$1.40 billion  
11/13/2019Q4 2019$0.94$1.09+$0.15$0.87$1.38 billion$1.37 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 Tuesday, November 26th, 2024 based off last year's report dates. Learn more on NTAP's earnings history.

What guidance has NetApp issued on next quarter's earnings?

NetApp issued an update on its second quarter 2025 earnings guidance on Wednesday, August, 28th. The company provided earnings per share guidance of 1.730-1.830 for the period, compared to the consensus estimate of 1.700. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.6 billion.

Did NetApp beat their earnings estimates last quarter?

In the previous quarter, NetApp (NASDAQ:NTAP) reported $1.56 earnings per share (EPS) to beat the analysts' consensus estimate of $1.45 by $0.11. 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 $6.38 billion.

How much profit does NetApp generate each year?

NetApp (NASDAQ:NTAP) has a recorded net income of $986 million. NTAP has generated $4.64 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 24.61 and a forward price-to-earnings ratio of 20.28. The price/earnings-to-growth ratio is 4.88.

What is NetApp's EPS forecast for next year?

NetApp's earnings are expected to grow from $5.63 per share to $6.05 per share in the next year, which is a 7.46% increase.


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This page (NASDAQ:NTAP) was last updated on 9/7/2024 by MarketBeat.com Staff

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