Nutanix Inc expected to post earnings of 20 cents a share - Earnings Preview

Nutanix

26/08/2024 21:33

* Nutanix Inc  NTNX.OQ   NTNX.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 28 for the
period ending July 31 2024
    * The San Jose California-based  company is expected to
report a
8.6% increase in revenue to $536.941 million from $494.21
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.The company's guidance on May 29
2024, for the period ended July 31, was for revenue between
$530.00 million and $540.00 million.
    * ​LSEG's mean analyst estimate for Nutanix Inc is for
earnings of
20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 4
"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 Nutanix Inc
is
$72.00​, above​ its last closing price of $53.35. ​​​

The company's guidance on May 29 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD47.7
million and USD54 million.The company's guidance on May 29 2024
for the period ended July 31 was for gross profit margin between
USD85% and USD86%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Apr. 30 2024  0.17        0.17       0.28      Beat    69.6
 Jan. 31 2024  0.30        0.29       0.46      Beat    57.2
 Oct. 31 2023  0.18        0.17       0.29      Beat    66.3​
 Jan. 1 0001   0.16        0.16       0.24      Beat    51.2
 ​​Jan.        0.05        0.03       0.04      Beat    41.4
 1 0001                                                 
 Jan. 31 2023  0.11        0.11       0.24      Beat    110​
 Jan. 1 0001   -0.12       -0.12      0.03      Beat    125
 Jul. 31 2022  -0.35       -0.38      -0.17     Beat    55.3
 This summary was machine generated August 26 at 20:33 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)