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NetApp · Oct/2023

NTAP earnings
2023-11-28

Reported EPS1.23
Consensus EPS1.09
Earnings surprise+12.84%
Relative volume6.57×

The earnings result

NetApp reported earnings on 2023-11-28 for the fiscal quarter ending Oct/2023. Reported EPS of $1.23 compared with a consensus estimate of $1.09, a beat on the source's earnings measure.

An EPS comparison describes one part of the release. Revenue, segment performance, cash conversion, guidance and the conference-call discussion require the original company disclosures; the result alone does not establish why the stock moved.

The market response

Price baseline: report-date close; announcement time unavailable. The source does not identify whether this report was before or after trading. These are subsequent daily returns, not a verified immediate earnings reaction.

The first measured session returned +14.63% from the stated baseline. The five-session return was +15.96%, and the 20-session return was +13.43%. SPY returned +4.74% across the corresponding window. Relative volume was 6.57 times the preceding 20-session average.

This edition is a source-based earnings-result and market-response analysis. A full financial-statement and conference-call dossier is not yet attached.