Stock Track | NEXTDC Soars 5.04% Intraday After Issuing In-Line Fiscal 2027 Guidance

Stock Track

07/31

NEXTDC LTD (NXT.AU) shares surged 5.04% during Friday’s intraday trading session, as investors reacted positively to the company’s newly released financial guidance for fiscal 2027.

The data center operator announced it expects revenue in the range of $4.1 billion to $4.4 billion, matching the FactSet consensus estimate of $4.25 billion at the midpoint. Adjusted earnings per share are projected between $4.42 and $4.73, which brackets the analyst estimate of $4.61. While the EPS guidance came in slightly below consensus, the in-line revenue outlook appeared to reassure the market, removing uncertainty and fueling the sharp advance.

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