Nextracker (NXT) Q2 Earnings and Revenues Top Estimates

Nextracker (NXT) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of$ 0.64 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 51.56%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of$ 0.66 per share when it actually produced earnings of $0.93, delivering a surprise of 40.91%. Over the last four qua ...