Why Is Nutanix (NTNX) Down 0.8% Since Last Earnings Report?

Core Viewpoint - Nutanix shares have underperformed the S&P 500 by approximately 0.8% since the last earnings report, raising questions about future performance leading up to the next earnings release [1] Group 1: Earnings Estimates - Estimates for Nutanix have trended upward over the past month, with the consensus estimate shifting by 176.19% [2] - The stock has a Zacks Rank of 2 (Buy), indicating expectations for above-average returns in the coming months [4] Group 2: VGM Scores - Nutanix has a Growth Score of A, but a lower Momentum Score of C, and a Value Score of F, placing it in the fifth quintile for value investment strategy [3] - The aggregate VGM Score for Nutanix is C, which is relevant for investors not focused on a single strategy [3] Group 3: Industry Performance - Nutanix is part of the Zacks Computers - IT Services industry, where Wix.com has seen a 5.5% increase in share price over the past month [5] - Wix.com reported revenues of $473.65 million for the last quarter, reflecting a year-over-year increase of 12.8% [5] - Wix.com is expected to post earnings of $1.75 per share for the current quarter, with a year-over-year change of 4.8% [6]