NetApp (NTAP - Free Report) is slated to report third-quarter fiscal 2020 earnings on Feb 12.
For third-quarter fiscal 2020, NetApp anticipates net revenues in the range of $1.39-$1.54 billion. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $1.46 billion, indicating a decline of 6.4% from the year-ago reported figure.
The company expects non-GAAP earnings for third-quarter fiscal 2020 between $1.14 and $1.22 per share. The Zacks Consensus Estimate for earnings has been steady at $1.19 cents in the past 30 days, suggesting a decline of 0.8% from the year-ago reported figure.
Notably, the company surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed one, with the average beat being 7.99%.
NetApp, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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NetApp (NTAP - Free Report) is slated to report third-quarter fiscal 2020 earnings on Feb 12.
For third-quarter fiscal 2020, NetApp anticipates net revenues in the range of $1.39-$1.54 billion. The Zacks Consensus Estimate for fiscal third-quarter revenues is pegged at $1.46 billion, indicating a decline of 6.4% from the year-ago reported figure.
The company expects non-GAAP earnings for third-quarter fiscal 2020 between $1.14 and $1.22 per share. The Zacks Consensus Estimate for earnings has been steady at $1.19 cents in the past 30 days, suggesting a decline of 0.8% from the year-ago reported figure.
Notably, the company surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed one, with the average beat being 7.99%.
NetApp, Inc. Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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