For the quarter ended October 2024, Nutanix (NTNX) reported income of $590.96 million, up 15.6% over the identical interval final yr. EPS got here in at $0.42, in comparison with $0.29 within the year-ago quarter.
The reported income represents a shock of +3.37% over the Zacks Consensus Estimate of $571.72 million. With the consensus EPS estimate being $0.31, the EPS shock was +35.48%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s value efficiency extra precisely.
Right here is how Nutanix carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Complete Billings: $591.40 million versus the six-analyst common estimate of $634.13 million.
- Annual Recurring Income (ARR): $1.97 billion in comparison with the $2.01 billion common estimate based mostly on six analysts.
- Disaggregation of billings – Skilled providers billings: $24.13 million in comparison with the $29.28 million common estimate based mostly on 4 analysts.
- Disaggregation of billings – Subscription billings: $564.29 million in comparison with the $588.94 million common estimate based mostly on three analysts.
- Income- Assist, entitlements and different providers: $289.04 million in comparison with the $291.06 million common estimate based mostly on 10 analysts. The reported quantity represents a change of +9.4% yr over yr.
- Income- Product: $301.92 million in comparison with the $280.87 million common estimate based mostly on 10 analysts. The reported quantity represents a change of +22.3% yr over yr.
- Disaggregation of Income- Skilled providers income: $27.29 million in comparison with the $25.59 million common estimate based mostly on eight analysts. The reported quantity represents a change of +19.5% yr over yr.
- Disaggregation of Income- Subscription income: $560.70 million versus $540.79 million estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a +16.9% change.
- Disaggregation of Income- Non-portable software program income: $2.98 million versus $4.39 million estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a -63.3% change.
View all Key Company Metrics for Nutanix here>>>
Shares of Nutanix have returned +13.5% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory at the moment has a Zacks Rank #2 (Purchase), indicating that it might outperform the broader market within the close to time period.
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Nutanix (NTNX) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
