Nextracker (NXT) Surpasses Q1 Earnings and Revenue Estimates

Nextracker (NXT) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of$ 0.66 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 40.91%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of$ 0.59 per share when it actually produced earnings of $0.96, delivering a surprise of 62.71%. Over the last four qua ...