Nextracker Inc expected to post earnings of 48 cents a share - Earnings Preview

Nextpower

29/01/2024 21:14

* Nextracker Inc  NXT.OQ   NXT.O  is expected to report
resultson
January 31 for the period ending December 31 2023
    * The Fremont California-based  company is expected to
report
revenue of $617.953 million, according to the mean estimate from
19 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Nextracker Inc is for
earnings
of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 20 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nextracker
Inc is
$54.00​, above​ its last closing price of $43.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.36        0.36       0.65      Beat    79.8
 Jun. 30 2023  0.30        0.29       0.48      Beat    63.6
 Mar. 31 2023  0.31        0.31       0.38      Beat    22.7​
 ​​                                                     
                                                        ​
 This summary was machine generated January 29 at 21:14 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)