NEXTracker Earnings Review: Q3 Summary

NEXTracker (NASDAQ:NXT) reported its Q3 earnings results on Tuesday, January 28, 2025 at 04:05 PM.

Here's what investors need to know about the announcement.

NEXTracker beat estimated earnings by 75.0%, reporting an EPS of $1.03 versus an estimate of $0.59.

Revenue was down $31.06 million from the same period last year.

In the previous quarter, the company beat on EPS by $0.37, resulting in a 25.0% increase change in the share price the following day.

Here's a look at NEXTracker's past performance:

Quarter	Q2 2025	Q1 2025	Q4 2024	Q3 2024
EPS Estimate	0.60	0.65	0.78	0.48
EPS Actual	0.97	0.93	0.96	0.96
Revenue Estimate	615.43M	618.06M	683.43M	617.95M
Revenue Actual	635.57M	719.92M	736.51M	710.43M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

NEXTracker management provided guidance for FY 2025, expecting earnings between $3.75 and $3.95 per share.

To track all earnings releases for NEXTracker visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.