Factors to Note Ahead of NetApp's (NTAP) Q3 Earnings Release

NetApp (NTAP) is slated to release third-quarter fiscal 2024 earnings on Feb 29.The company projects fiscal third-quarter non-GAAP earnings per share (EPS) to be between $1.64 and $1.74. The Zacks Consensus Estimate is pegged at $1.69, suggesting an increase of 23.4% from the year-ago levels.Net revenues are anticipated in the range of $1.51-$1.67 billion. The Zacks Consensus Estimate is pegged at $1.59 billion, implying a 4.4% increase from the prior-year levels.NTAP beat estimates in each of the last four ...