Nutanix NTNX announces its next round of earnings Thursday. Here's Benzinga's advanced look at Nutanix's Q2 earnings report.
Earnings and Revenue
Analysts are expecting Nutanix to report a loss of 20 cents per share. Revenue will likely be around $283.24 million, according to the consensus estimate.
In the same quarter last year, Nutanix reported a loss per share of 28 cents on sales of $182.19 million. The analyst consensus estimate would represent a 28.57 percent decline in the company's EPS figure. Sales would be up 55.46 percent from the same quarter last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | -0.26 | -0.38 | -0.45 | -0.35 |
EPS Actual | -0.16 | -0.33 | -0.42 | -0.28 |
Stock Performance
Over the last 52-week period, shares are up 19.29 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Nutanix stock as Neutral. The strength of this rating has risen over the past three months.
Conference Call
The Nutanix Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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