NEXTracker Q2 EPS $0.65 Beats $0.36 Estimate, Sales $573.36M Beat $537.87M Estimate
Portfolio Pulse from totan@benzinga.com
NEXTracker (NASDAQ:NXT) reported Q2 earnings of $0.65 per share, beating the analyst consensus estimate of $0.36 by 80.56%. The company also reported quarterly sales of $573.36M, surpassing the analyst consensus estimate of $537.87M by 6.60%. This represents a 22.74% increase over sales of $467.14M in the same period last year.
October 25, 2023 | 8:55 pm
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POSITIVE IMPACT
NEXTracker's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
NEXTracker's Q2 earnings and sales have surpassed analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100