NEXTracker Raises FY2025 GAAP EPS Guidance from $2.37-2.57 to $2.50-2.70 vs $2.72 Est
Portfolio Pulse from Benzinga Newsdesk
NEXTracker has increased its FY2025 GAAP EPS guidance from $2.37-2.57 to $2.50-2.70, which is slightly below the analyst estimate of $2.72.
October 30, 2024 | 8:33 pm
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NEXTracker has raised its FY2025 GAAP EPS guidance to $2.50-2.70, which is an improvement from the previous range but still below the analyst estimate of $2.72.
The increase in guidance suggests improved performance expectations, which is positive. However, the new guidance is still below the analyst estimate, which may temper investor enthusiasm. This mixed signal results in a neutral short-term impact.
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