Nutanix (NTNX) Stock Before Q4 Earnings: To Buy or Not to Buy?

Nutanix (NTNX) is set to release fiscal fourth-quarter 2024 results on Aug 28.For the fourth quarter of fiscal 2024, Nutanix expects revenues in the range of $530 million to$540 million. The Zacks Consensus Estimate for the same is currently pegged at $537.12 million, suggesting 8.7% growth from the year-ago period.The Zacks Consensus Estimate for earnings has remained unchanged at 19 cents per share over the past 30 days, indicating a decline of 20.8% from the year-ago period.Image Source: Zacks Investmen ...