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Stock impact report

Nextracker (NXT) Increases Despite Market Slip: Here's What You Need to Know [Yahoo! Finance]

Nextpower Inc. - Class A (NXT) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily loss of 1.97%. Meanwhile, the Dow experienced a drop of 1.69%, and the technology-dominated Nasdaq saw a decrease of 2.7%. Coming into today, shares of the solar energy equipment supplier had lost 5.04% in the past month. In that same time, the Oils-Energy sector gained 3.54%, while the S&P 500 lost 2.79%. Market participants will be closely following the financial results of Nextracker in its upcoming release. The company is predicted to post an EPS of $0.97, indicating a 1.04% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $820.49 million, indicating a 11.4% growth compared to the corresponding quarter of the prior year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.89 per share and a revenue of $2.86 billion, indicating changes of +27.12% and +14.22%, respectively, from the former year. Any recent changes to anal Show less Read more
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