Gear Up for Nutanix (NTNX) Q2 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Nutanix (NTNX) is expected to report quarterly earnings of $0.47 per share, a 2.2$641.76 million, reflecting a 13.5% year-over-year growth [1]. Financial Projections - Analysts estimate 'Revenue- Support, entitlements and other services' at $304.98 million, indicating a 14.8$337.19 million, showing a 12.5% year-over-year change [4]. - 'Disaggregation of Revenue- Professional services revenue' is expected to reach $29.09 million, a 16.3$607.97 million, reflecting a 14.3% year-over-year growth [5]. - 'Annual Contract Value Billings (ACV Billings)' is predicted to be $389.28 million, up from$329.48 million year-over-year [5]. Billing and Customer Metrics - Total Billings are expected to reach $691.98 million, compared to$616.48 million in the same quarter last year [6]. - 'Annual Recurring Revenue (ARR)' is projected at $2.04 billion, up from$1.74 billion year-over-year [6]. - Total end customers are forecasted to be 27,645, an increase from 25,370 in the previous year [6]. - 'Disaggregation of billings - Professional services billings' is estimated at $29.60 million, down from$35.48 million year-over-year [7]. - 'Disaggregation of billings - Subscription billings' is expected to reach $658.94 million, compared to$572.76 million last year [7]. Market Performance - Nutanix shares have returned +10.7% over the past month, outperforming the Zacks S&P 500 composite's +2.2% change [8]. - The company holds a Zacks Rank 3 (Hold), indicating expectations to mirror overall market performance in the near future [8].