Nextracker (NXT) Surpasses Q4 Earnings and Revenue Estimates

Group 1: Earnings Performance - Nextracker reported quarterly earnings of $1.29 per share, exceeding the Zacks Consensus Estimate of$ 0.98 per share, and up from $0.96 per share a year ago, representing an earnings surprise of 31.63% [1] - The company posted revenues of$ 924.34 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 11.60%, compared to year-ago revenues of $736.52 million [2] - Nextracker has surpassed consensus EPS estimates for four consecutive quarters [2] Group 2: Stock Performance and Outlook - Nextracker shares have increased approximately 48.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.1% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is$ 0.95 on revenues of $762.26 million, and for the current fiscal year, it is$ 3.85 on revenues of $3.17 billion [7] Group 3: Industry Context - The solar industry, to which Nextracker belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges ahead [8] - Another company in the same industry, Canadian Solar, is expected to report a quarterly loss of$ 1.50 per share, reflecting a significant year-over-year decline of 889.5% [9] - Canadian Solar's anticipated revenues are projected to be $1.09 billion, down 18.1% from the previous year [10]