Nextracker Inc reports results for the quarter ended June 30 - Earnings Summary

Nextpower

29/07/2025 22:01

Nextracker Inc NXT.OQ reported quarterly adjusted earnings of $1.16​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 93 cents.  The mean expectation of twenty one analysts for the quarter was for earnings of $1.06 per share. Wall Street expected results to range from 82 cents to $1.26 per share.

Revenue rose 20% to $864.25 million from a year ago; analysts expected $850.19 million.

Nextracker Inc's reported EPS for the quarter was $1.04​.

The company reported quarterly net income of $157.18 million.

Nextracker Inc shares had risen by 20.3% this quarter and gained 79.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 14.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"

Wall Street's median 12-month price target for Nextracker Inc is $66.00, about 0.9% above its last closing price of $65.41

This summary was machine generated from LSEG data July 29 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.06
1.16
Beat
Mar. 31 2025
0.98
1.29
Beat
Dec. 31 2024
0.59
1.03
Beat
Sep. 30 2024
0.61
0.97
Beat