Nutanix (NTNX) Tops Q3 Earnings and Revenue Estimates

Group 1 - Nutanix reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and showing an increase from $0.28 per share a year ago, representing an earnings surprise of 10.53% [1] - The company achieved revenues of $638.98 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.06%, and up from $524.58 million year-over-year [2] - Nutanix has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Group 2 - The stock has increased approximately 29.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.7% [3] - The future performance of Nutanix shares will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $638.41 million, and for the current fiscal year, it is $1.62 on revenues of $2.51 billion [7] Group 3 - The Computers - IT Services industry, to which Nutanix belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Nutanix's stock performance [5]