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Nextracker (NXT) Beats Q1 Earnings and Revenue Estimates
Nextracker Nextracker (US:NXT) ZACKSยท2025-07-29 22:36

Company Performance - Nextracker reported quarterly earnings of $1.16 per share, exceeding the Zacks Consensus Estimate of $1.04 per share, and up from $0.93 per share a year ago, representing an earnings surprise of +11.54% [1] - The company posted revenues of $864.25 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.28%, and an increase from $719.92 million year-over-year [2] - Nextracker has consistently surpassed consensus EPS estimates over the last four quarters [2] Stock Performance - Nextracker shares have increased approximately 79.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.99 on revenues of $832.97 million, and for the current fiscal year, it is $3.89 on revenues of $3.31 billion [7] Industry Outlook - The solar industry, to which Nextracker belongs, is currently ranked in the top 35% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Nextracker's stock performance [5][6]