A Look Ahead: NetScout Systems's Earnings Forecast

NetScout Systems (NASDAQ:NTCT) is set to give its latest quarterly earnings report on Thursday, 2024-10-24. Here's what investors need to know before the announcement.

Analysts estimate that NetScout Systems will report an earnings per share (EPS) of $0.45.

NetScout Systems bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.16, leading to a 1.62% drop in the share price on the subsequent day.

Here's a look at NetScout Systems's past performance and the resulting price change:

Quarter

Q1 2025

Q4 2024

Q3 2024

Q2 2024

EPS Estimate

0.12

0.52

0.37

0.70

EPS Actual

0.28

0.55

0.73

0.61

Price Change %

-2.0%

-1.0%

-2.0%

-0.0%

Tracking NetScout Systems's Stock Performance

Shares of NetScout Systems were trading at $21.39 as of October 22. Over the last 52-week period, shares are down 7.37%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Observations about NetScout Systems

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on NetScout Systems.

The consensus rating for NetScout Systems is Neutral, derived from 1 analyst ratings. An average one-year ...