NetApp (NASDAQ:NTAP) 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%.
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