Nutanix (NTNX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended January 2025, Nutanix (NTNX) reported revenue of $654.72 million, up 15.8% over the same period last year. EPS came in at $0.56, compared to $0.46 in the year-ago quarter.The reported revenue represents a surprise of +1.88% over the Zacks Consensus Estimate of $642.62 million. With the consensus EPS estimate being $0.47, the EPS surprise was +19.15%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Nutanix performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Billings: $776.36 million versus $692.78 million estimated by five analysts on average. Annual Recurring Revenue (ARR): $2.06 billion versus the five-analyst average estimate of $2.03 billion. Disaggregation of billings - Professional services billings: $40.35 million compared to the $29.60 million average estimate based on three analysts. Disaggregation of billings - Subscription billings: $733.74 million compared to the $658.94 million average estimate based on two analysts. Revenue- Support, entitlements and other services: $300.53 million versus $305.18 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +13.2% change. Revenue- Product: $354.19 million versus $337.39 million estimated by 10 analysts on average. Compared to the year-ago quarter, this number represents a +18.2% change. Disaggregation of Revenue- Professional services revenue: $28.03 million compared to the $29.10 million average estimate based on seven analysts. The reported number represents a change of +12.1% year over year. Disaggregation of Revenue- Subscription revenue: $624.42 million versus the seven-analyst average estimate of $608.53 million. The reported number represents a year-over-year change of +17.4%. Disaggregation of Revenue- Non-portable software revenue: $0.50 million versus $3.79 million estimated by seven analysts on average. View all Key Company Metrics for Nutanix here>>>Shares of Nutanix have returned -2.1% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nutanix (NTNX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks