NTAP - How To Earn $500 A Month From NetApp Stock Ahead Of Q3 Earnings | Benzinga
NetApp, Inc. (NASDAQ: NTAP) is set to release earnings results for its third quarter, after the closing bell on Thursday.
Analysts expect the San Jose, California-based company to report quarterly earnings at $1.69 per share, down from year-ago earnings of $1.37 per share. NetApp is projected to post revenue of $1.59 billion for the latest quarter, according to data from Benzinga Pro.
NetApp, during November, posted second-quarter adjusted earnings of $1.58 per share, beating market estimates of $1.39 per share. The company’s quarterly sales came in at $1.56 billion versus expectations of $1.53 billion.
With the recent buzz around NetApp, some investors may be eyeing potential gains from the company’s dividends. As of now, NetApp has a dividend yield of 2.27%, which is a quarterly dividend amount of 50 cents a share ($2.00 a year).
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