What to Expect from Nutanix's Earnings

Nutanix NTNX is preparing to release its quarterly earnings on Tuesday, 2024-11-26. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Nutanix to report an earnings per share (EPS) of $0.30.

The announcement from Nutanix is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.07, leading to a 20.31% increase in the share price on the subsequent day.

Here's a look at Nutanix's past performance and the resulting price change:

Performance of Nutanix Shares

Shares of Nutanix were trading at $73.18 as of November 22. Over the last 52-week period, shares are up 80.65%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Nutanix visit their earnings calendar on our site.

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