NetApp (NTAP) Tops Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - NetApp reported quarterly earnings of $1.93 per share, exceeding the Zacks Consensus Estimate of $1.90 per share, and up from $1.80 per share a year ago, representing an earnings surprise of 1.58% [1] - The company posted revenues of $1.73 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 0.21% and increasing from $1.67 billion year-over-year [2] Group 2: Market Performance and Outlook - NetApp shares have declined approximately 14.1% since the beginning of the year, while the S&P 500 has gained 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.68 on revenues of $1.59 billion, and for the current fiscal year, it is $7.75 on revenues of $6.83 billion [7] Group 3: Industry Context - The Computer-Storage Devices industry, to which NetApp belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stock performance [8]