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Publication Date: 2025-08-01 07:00:00
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Nutanix (NTNX), which belongs to the Zacks Computers – IT Services industry.
When looking at the last two reports, this enterprise cloud platform services provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 14.84%, on average, in the last two quarters.
For the most recent quarter, Nutanix was expected to post earnings of $0.42 per share, but it reported $0.38 per share instead, representing a surprise of 10.53%. For the previous quarter, the consensus estimate was $0.47 per share, while it actually produced $0.56 per share, a surprise of 19.15%.
With this earnings history in mind, recent estimates have been moving higher for Nutanix. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the…
