Will Weak Storage Business Hurt NetApp's (NTAP) Q1 Earnings?
Zacks Investment Research | Aug 08, 2019 10:57PM ET
NetApp (NASDAQ:NTAP) is scheduled to release first-quarter fiscal 2020 earnings results on Aug 14.
Notably, the company has surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing the remaining one, with an average positive earnings surprise of 9.76%.
Post the dismal preliminary results provided by the company on Aug 1, shares declined almost 17.2%.
Markedly, the stock has shed 18.4% year to date, against the Zacks Investment Research
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