NetApp, Inc. (NASDAQ:NTAP) Yearly Sales Target At $1361


The EPS projection of NetApp, Inc. (NASDAQ:NTAP) for quarter ended 2016-10-31 is $0.34. A week before, the EPS forecast was $0.34 against target of $0.34, a month earlier. This estimate stood at $0.34 60 days earlier versus forecast of $0.34 90 days earlier, confirming a deviation of 0%.

NetApp, Inc. (NASDAQ:NTAP) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 5.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 0, 0, 0 and 0, respectively.

The downgrade of EPS estimates for NetApp, Inc. (NASDAQ:NTAP) in the preceding 120, 60, 30 and 90 days were 5, 5, 5 and 5, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 4, the EPS estimate of NetApp, Inc. (NASDAQ:NTAP) was $0.34. This projection was computed after accounting 12 calls. As reported on 2016-05-25 the EPS was $0.36. The change was $-0.04, demonstrating a percentage deviation of -10%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2018, the yearly sales target for NetApp, Inc. (NASDAQ:NTAP) stands at $1361 and the median estimate at $1361.75. Almost 4 analysts announced their estimates.

The highest estimate is $1413 while the lowest target is $1307.5 showing standard deviation of 43.38%.

As many as 4 analysts released sales estimates reised in upside while 4 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 4 revised sales number projection on upside while 4 lowered the sales target, demonstrating a deviation of -5.313%.

A quarter ago, 4 hiked sales estimations and 4 reduced sales forecast. NetApp, Inc. (NASDAQ:NTAP) stated that the change in forecast was -5.313%.

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