NetApp Reports Fourth Quarter and Fiscal Year 2020 Results

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Go back to NetApp Reports Fourth Quarter and Fiscal Year 2020 Results

NetApp (NTAP) PT Lowered to $60 at Susquehanna

May 28, 2020 9:08 AM EDT

Susquehanna analyst Mehdi Hosseini lowered the price target on NetApp (NASDAQ: NTAP) to $60.00 (from $63.00) while maintaining a Positive rating following the company's earnings report. NTAP reported revenues of $1,401M, falling short of Consensus expectations of $1,410M. Reported pro forma EPS of $1.19 came in better... More

NetApp (NTAP) Tops Q4 EPS by 4c, Q1 EPS Guidance Misses

May 27, 2020 4:03 PM EDT

NetApp (NASDAQ: NTAP) reported Q4 EPS of $1.19, $0.04 better than the analyst estimate of $1.15. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.43 billion.

GUIDANCE:

NetApp sees Q1 2021 EPS of $0.36-$0.44, versus the consensus of $0.72. NetApp sees Q1... More