As we get ready for NUTANIX, INC. (NASDAQ:NTNX) earnings, we have an opportunity to take a quantitative approach to preparation. The company’s third numbers are slated to hit the wires after market close (confirmed) on December 31, 1969. Hence, it’s a good time to take a thorough look at the company’s historical behavior around earnings, as well as where current expectations stand for performance in the quarter.

NUTANIX, INC. (NASDAQ:NTNX) Historical Stock Behavior Data for Earnings Reports

According to market and research data, the company’s average earnings surprise was -9.3 percent, when looking at the prior year. Let’s look at how these four reports worked out in detail.

The company put up an EPS number of -0.28 on March 02, 2017. That topped the consensus expectation of $-0.35, representing a Negative surprise of -20.70% That report showed a top line number of $182.2M, which compares to a consensus estimate of $178.38M. In reaction, the stock dropped -26.09% on the next day. A week later, the price change was -30.94%.

The company put up an EPS number of $-0.37 on November 29, 2016. That compared with a consensus expectation of $-0.44, representing a Negative surprise -16.50%. That report also showed a top line number of $166.81M, which compares to a consensus estimate of $151.48M put out by analysts ahead of the report. That spurred a move of -6.13% a day later. Seven days after that, the stock had posted a net move of -19.33%.
NUTANIX, INC. (NASDAQ:NTNX): What’s the Word on the Street? 

This time around, Q3 is expected to offer up an EPS point of $-0.45, with a range of $-0.47-$-0.34. The top line expectation range out from analysts right now is at $182.63M-$191M, pushing a mean of $186.49M.

Shares of NUTANIX, INC. (NASDAQ:NTNX) printed a last close of $14.46, which pushes the total market value of the company to roughly $2.13B. Where is it headed from here? It’s impossible to say, but analysts currently have a consensus 12-month target out right now at $30.39.

Looking at recent action, we’ve seen shares declined -69.09% off trailing year highs, but advance overall 1 a ytd basis. The stock has been bouncing in a recent range defined by the $14.38-$15.27 levels, with transactions averaging about 3,531,991 shares per day. Over about the past week, the stock has moved nearly -10.07% higher, representing a total gain of -3.79% off its 52-week low.

If we dig a bit deeper, we can see that shares of the stock saw gains about down 2 out of 2 quarters on recent record. As far as the actual results, the company has “beaten the number” at a rate of roughly 50% over its past 12 reports. On the other hand, the company swung and missed 1 times, with 0 instances of inline data. At present, the company’s stock price per share has shifted about -49.8% percent since the last time it turned in a report card, when it was printing orders around $31.12/share.