Investors and market participants can look forward to the unveiling of NetApp (NASDAQ: NTAP) first quarter financial results on Wednesday 28th August 2024. This important update will be made available after market close.
It is anticipated by financial experts on Wall Street that the company is set to announce an estimated $1.45 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $1.53 billion for this period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $6.55 billion. In addition, they anticipate the company to report profit of $6.88 per share for the fiscal year.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.15. This significant amount was the outcome of the company's total revenue, which reached an impressive $1.43 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q4 2024 | $1.80 | +16.9% | 1.67 B | +5.5% |
| Q3 2024 | $1.94 | +41.6% | 1.61 B | +5.2% |
| Q2 2024 | $1.58 | +6.8% | 1.56 B | -6.1% |
| Q1 2024 | $1.15 | -4.2% | 1.43 B | -10.1% |
*Growth on year-over-year basis
The business has scheduled a conference call on 28th August 2024 at 05:30 PM eastern time to discuss Q1 financial results.
The previous trading day saw NetApp (NTAP) shares trading between $132.24 and $133.54, besides a volume of 1.22 million shares. The stock closed Friday's regular trading session at $133.12, marking 1.13 percent upturn.
