For the quarter ended April 2024, Nutanix (NTNX) reported revenue of $524.58 million, up 16.9% over the same period last year. EPS came in at $0.28, compared to $0.04 in the year-ago quarter.The reported revenue represents a surprise of +1.64% over the Zacks Consensus Estimate of $516.13 million. With the consensus EPS estimate being $0.17, the EPS surprise was +64.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

Nutanix (NTNX) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.71%. A quarter ago, it was expected that this enterprise cloud platform services provider would post earnings of $0.29 per share when it actually produced earnings of $0.46, delivering a surprise of 58.62%.Over the last ...

Nutanix (NTNX) on Wednesday reported fiscal third-quarter earnings and revenue that topped consensus estimates. July quarter revenue guidance for Nutanix stock came in well below expectations, sending shares tumbling.X Reported after the close, Nutanix earnings for the quarter ended April 30 were 28 cents a share on an adjusted basis vs. 4 cents a year earlier. That topped estimates for an 17-cent adjusted profit.The maker of cloud-computing network management software said revenue rose 17% to $524.6 millio ...

Exhibit 99.1 Nutanix Reports Third Quarter Fiscal 2024 Financial Results Reports 24% YoY ARR Growth and Strong Year-to-Date Free Cash Flow Delivers Outperformance Across All Third Quarter Guided Metrics SAN JOSE, Calif. – May 29, 2024 – Nutanix, Inc. (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced financial results for its third quarter ended April 30, 2024. "We delivered solid third quarter results reflecting disciplined execution and the strength of our business model," said Rajiv ...

In the latest trading session, Nutanix (NTNX) closed at $72.85, marking a +1.96% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.7%. Meanwhile, the Dow experienced a rise of 0.01%, and the technology-dominated Nasdaq saw an increase of 1.1%.Heading into today, shares of the enterprise cloud platform services provider had gained 17.34% over the past month, outpacing the Computer and Technology sector's gain of 8.26% and the S&P 500's gain of 4.03% in that time.The i ...

The upcoming report from Nutanix (NTNX) is expected to reveal quarterly earnings of $0.17 per share, indicating an increase of 325% compared to the year-ago period. Analysts forecast revenues of $516.13 million, representing an increase of 15.1% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings release, it is ...

Nutanix (NTNX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this enterprise cloud platform services provider have returned +13.7%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Computers - IT Services industry, which Nutanix falls in, has gained 6.3%. The key question now is: What could be the stock's future direct ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Nutanix (NTNX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Nutanix currently has an average brokerage ...

Nutanix (NTNX) closed the latest trading day at $67.58, indicating no change from the previous session's end. This change lagged the S&P 500's 0.17% gain on the day. Meanwhile, the Dow experienced a rise of 0.32%, and the technology-dominated Nasdaq saw a decrease of 0.03%.Shares of the enterprise cloud platform services provider witnessed a gain of 5.18% over the previous month, beating the performance of the Computer and Technology sector with its gain of 0.39% and the S&P 500's gain of 0.17%.The investme ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Nutanix (NTNX) . This company, which is in the Zacks Computers - IT Services industry, shows potential for another earnings beat.This enterprise cloud platform services provider has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise f ...