enterprise cloud platform services

Search documents
Wix.com (WIX) Q1 Earnings Miss Estimates
ZACKS· 2025-05-21 12:05
Core Viewpoint - Wix.com reported quarterly earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.66 per share, but showing an increase from $1.29 per share a year ago, indicating a -6.63% earnings surprise [1] - The company posted revenues of $473.65 million for the quarter, surpassing the Zacks Consensus Estimate by 0.40% and up from $419.78 million year-over-year [2] Financial Performance - Over the last four quarters, Wix.com has surpassed consensus EPS estimates three times [2] - The company has also topped consensus revenue estimates three times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $1.84 on revenues of $488.2 million, and for the current fiscal year, it is $7.53 on revenues of $1.98 billion [7] Stock Performance - Wix.com shares have declined approximately 15.3% since the beginning of the year, contrasting with the S&P 500's gain of 1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Computers - IT Services industry, to which Wix.com belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Wix.com's stock performance [5]
Nutanix (NTNX) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-05-14 22:50
Company Performance - Nutanix's stock closed at $81.83, reflecting a -0.69% change from the previous trading day's closing, underperforming the S&P 500's 0.1% gain [1] - Over the past month, Nutanix shares have gained 31.11%, significantly outperforming the Computer and Technology sector's gain of 14.29% and the S&P 500's gain of 9.86% [2] Earnings Projections - Nutanix is scheduled to release its earnings report on May 28, 2025, with projected earnings of $0.38 per share, indicating a year-over-year growth of 35.71% [3] - The consensus estimate for revenue is $625.73 million, representing a 19.28% increase from the prior-year quarter [3] - For the entire fiscal year, earnings are projected at $1.62 per share and revenue at $2.51 billion, reflecting changes of +23.66% and +16.82% respectively from the prior year [4] Analyst Estimates and Valuation - Recent upward revisions in analyst estimates indicate positive sentiment towards Nutanix's business operations and profit generation capabilities [5] - The Zacks Rank system, which evaluates estimate changes, currently ranks Nutanix as 3 (Hold), with a consensus EPS projection that has moved 0.22% higher in the past 30 days [6][7] - Nutanix has a Forward P/E ratio of 50.97, which is a premium compared to the industry's average Forward P/E of 20.86, and a PEG ratio of 2.52 compared to the industry's average PEG ratio of 1.93 [8] Industry Context - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 94, placing it in the top 39% of over 250 industries [9]