Data storage company NetApp (NASDAQ:NTAP) will report earnings this Wednesday after market close. Last quarter, NetApp beat revenue expectations by 0.7%, reporting $1.73 billion in revenue, up 3.8% year on year. This quarter, analysts expect revenue to be flat year on year at $1.55 billion, with adjusted earnings of $1.54 per share. Most analysts have reconfirmed their estimates, anticipating the business to stay the course. Peers in the hardware & infrastructure segment have reported mixed results, with IonQ seeing growth and Diebold Nixdorf experiencing a decline. NetApp is up 4.5% heading into earnings with an average analyst price target of $116.79.

Read more at StockStory Media: NetApp (NTAP) Q2 Earnings: What To Expect