NetApp (NTAP) Earnings Date, Estimates & Call Transcripts

$133.41

+2.02 (+1.54%)

(As of 08/21/2024 ET)

Upcoming Earnings Date: Aug. 28
After Market Closes
Confirmed
Actual EPS (May. 30): $1.80 Beat By $0.32
Consensus EPS (May. 30): $1.48

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.

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NetApp Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	3	$1.05	$1.23	$1.11
Q2 2024	4	$1.03	$1.19	$1.12	$1.35 - $1.45
Q3 2024	4	$1.13	$1.38	$1.27	1.640 - 1.740
Q4 2024	4	$1.22	$1.45	$1.37	1.730 - 1.830
FY 2024	15	$4.43	$5.25	$4.87
Q1 2025	3	$1.05	$1.36	$1.16	1.400 - 1.500
Q2 2025	3	$1.17	$1.33	$1.27
Q3 2025	2	$1.18	$1.35	$1.27
Q4 2025	2	$1.40	$1.54	$1.47
FY 2025	10	$4.80	$5.58	$5.16
Q1 2026	1	$1.22	$1.22	$1.22

NTAP Earnings Date and Information

NetApp last posted its quarterly earnings data on May 30th, 2024. The data storage provider reported $1.80 earnings per share for the quarter, beating analysts' consensus estimates of $1.48 by $0.32. The firm earned $1.67 billion during the quarter, compared to the consensus estimate of $1.65 billion. Its revenue for the quarter was up 5.5% compared to the same quarter last year. 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 28.8. Earnings for NetApp are expected to grow by 8.96% in the coming year, from $5.47 to $5.96 per share. NetApp has confirmed that its next quarterly earnings report will be published on Wednesday, August 28th, 2024. NetApp will be holding an earnings conference call on Wednesday, August 28th at 5:30 PM Eastern. Interested parties can register for or listen to the call..

NetApp Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
8/28/2024 (Confirmed)	-	-	-	-	-	-	-
5/30/2024	Q4 2024	$1.48	$1.80	+$0.32	$1.49	$1.65 billion	$1.67 billion
2/29/2024	Q3 2024	$1.69	$1.94	+$0.25	$1.72	$1.59 billion	$1.61 billion
11/28/2023	Q4 2023	$1.39	$1.58	+$0.19	$1.36	$1.53 billion	$1.56 billion
8/23/2023	Q3 2023	$1.07	$1.15	+$0.08	$0.99	$1.41 billion	$1.43 billion
5/31/2023	Q4 2023	$1.34	$1.54	+$0.20	$1.27	$1.54 billion	$1.58 billion
2/22/2023	Q3 2023	$1.3140	$1.37	+$0.0560	$1.74	$1.61 billion	$1.53 billion
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11/29/2022	Q2 2023	$1.08	$1.20	+$0.12	($1.01)	$1.67 billion	$1.66 billion
8/24/2022	Q1 2023	$0.86	$0.97	+$0.11	$0.98	$1.55 billion	$1.59 billion
6/1/2022	Q4 2022	$1.04	$1.21	+$0.17	$1.28	$1.68 billion	$1.68 billion
2/23/2022	Q3 2022	$1.07	$1.20	+$0.13	$1.30	$1.61 billion	$1.61 billion
11/30/2021	Q4 2021	$1.21	$1.28	+$0.07	$1.14	$1.55 billion	$1.57 billion
8/24/2021	Q3 2021	$0.95	$1.15	+$0.20	$1.10	$1.43 billion	$1.46 billion
6/1/2021	Q2 2021	$1.12	$1.17	+$0.05	$0.46	$1.50 billion	$1.56 billion
2/24/2021	Q1 2021	$1.01	$1.10	+$0.09	$1.08	$1.43 billion	$1.47 billion
11/30/2020	Q4 2020	$0.73	$1.05	+$0.32	$1.13	$1.31 billion	$1.42 billion
8/26/2020	Q3 2020	$0.41	$0.73	+$0.32	$0.73	$1.15 billion	$1.30 billion
5/27/2020	Q4 2020	$1.04	$1.19	+$0.15	$1.18	$1.37 billion	$1.40 billion
2/12/2020	Q1 2020	$1.18	$1.16	($0.02)	$0.83	$1.47 billion	$1.40 billion
11/13/2019	Q4 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 confirmed that its next quarterly earnings data will be published on Wednesday, August 28th, 2024. Learn more on NTAP's earnings history.
What guidance has NetApp issued on next quarter's earnings?: NetApp issued an update on its FY 2025 earnings guidance on Thursday, May, 30th. The company provided earnings per share (EPS) guidance of 6.800-7.000 for the period, compared to the consensus EPS estimate of 6.740. The company issued revenue guidance of $6.5 billion-$6.7 billion, compared to the consensus revenue estimate of $6.5 billion.
Did NetApp beat their earnings estimates last quarter?: In the previous quarter, NetApp (NASDAQ:NTAP) reported $1.80 earnings per share (EPS) to beat the analysts' consensus estimate of $1.48 by $0.32. 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 $6.27 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 28.75 and a forward price-to-earnings ratio of 24.39. The price/earnings-to-growth ratio is 4.96.
What is NetApp's EPS forecast for next year?: NetApp's earnings are expected to grow from $5.47 per share to $5.96 per share in the next year, which is a 8.96% increase.