Nextracker Sees FY25 EPS $2.89-$3.09 Vs $$3.15 Est.; Revenue $2.8B-$2.9B Vs $2.89B Est.
Portfolio Pulse from Benzinga Newsdesk
Nextracker forecasts FY25 EPS of $2.89-$3.09, below the $3.15 estimate, with revenue projections of $2.8B-$2.9B, slightly under the $2.89B estimate. The guidance includes details on GAAP net income, EPS, adjusted EBITDA, and adjustments for stock-based compensation and amortization.
May 14, 2024 | 8:13 pm
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NEGATIVE IMPACT
Nextracker's FY25 earnings and revenue guidance falls short of estimates, indicating potential challenges ahead. The detailed financial metrics suggest a cautious outlook.
Nextracker's guidance for FY25 indicates earnings and revenue below analyst expectations, which could lead to negative investor sentiment and pressure on the stock price in the short term. The detailed breakdown of financial metrics, including adjustments for stock-based compensation and amortization, provides a clear picture of the company's cautious financial outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100