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Stock impact report

Nextracker (NXT) Outperforms Broader Market: What You Need to Know [Yahoo! Finance]

Nextracker Inc. (NXT) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.23% gain on the day. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.34%. Prior to today's trading, shares of the solar energy equipment supplier had gained 31.1% over the past month. This has outpaced the Oils-Energy sector's loss of 4.97% and the S&P 500's gain of 3.96% in that time. Market participants will be closely following the financial results of Nextracker in its upcoming release. The company is predicted to post an EPS of $0.61, indicating a 27.08% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $618.56 million, indicating a 28.99% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.89 per share and a revenue of $2.87 billion, indicating changes of -5.56% and +14.72%, respectively, from the former year. Furt Show less Read more
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