The headline numbers for Nutanix (NTNX) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Nutanix (NTNX) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.04 per share a year ago.
Nutanix reported fiscal Q3 earnings and revenue topped consensus estimates. July quarter revenue guidance missed.
Shares of Nutanix Inc. fell more than 12% in the extended session Thursday after the cloud-computing company reported a mixed quarter, missing revenue expectations by a wide margin, and offered weaker current-quarter guidance.
The latest trading day saw Nutanix (NTNX) settling at $72.85, representing a +1.96% change from its previous close.
Beyond analysts' top -and-bottom-line estimates for Nutanix (NTNX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.
Nutanix (NTNX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.