NetScout Systems (NTCT) Q3 Earnings and Revenues Surpass Estimates

Core Viewpoint - NetScout Systems (NTCT) reported quarterly earnings of $0.94 per share, exceeding the Zacks Consensus Estimate of$0.74 per share, and showing an increase from $0.73 per share a year ago [1][2]. Financial Performance - The earnings surprise for the quarter was 27.03$0.45 per share but actually reporting $0.47 per share, resulting in a surprise of 4.44$252.02 million, surpassing the Zacks Consensus Estimate by 14.28%, compared to $218.07 million in the same quarter last year [3]. - Over the last four quarters, the company has exceeded consensus EPS estimates four times and topped consensus revenue estimates three times [2][3]. Stock Performance - Since the beginning of the year, NetScout shares have increased by approximately 3.2$0.73 on revenues of $220.64 million, and for the current fiscal year, it is$2.21 on revenues of $806.84 million [8]. - The outlook for the Computer - Networking industry, where NetScout operates, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable environment for performance [9].