Nextpower closed the most recent trading day at $82.97, down 1.58% from the previous session, lagging the S&P 500's 0.66% gain while the Dow rose 0.18% and the Nasdaq added 1.05%. Ahead of its upcoming earnings release, the solar energy equipment supplier is expected to report earnings per share of $1.11, a decline of 6.72% from the prior-year quarter, on revenue of $1.07 billion, an 18.34% increase from the same quarter last year. For the full fiscal year, consensus estimates project earnings of $4.67 per share and revenue of $4.36 billion, representing changes of +3.78% and +22.36% respectively from the prior year. The consensus EPS estimate has moved 1.54% higher over the past month, and Nextpower currently holds a Zacks Rank of #3 (Hold). The stock trades at a forward P/E of 18.07, a premium to its industry average of 13.37, with a PEG ratio of 1.35 versus the Solar industry average of 0.66.
Nextpower Inc.Earnings preview points to EPS of $1.11, down 6.72% year-over-year, and the stock trades at a premium forward P/E versus its industry.
