On July 31, Nextpower fell 5.07% in after-hours trading, trading at $93.03/share, with turnover of $10.56 million.
The decline followed the company's latest quarterly earnings release. While adjusted EPS of $1.20 beat the consensus estimate of $1.05 by approximately 14.29%, representing a 3.45% year-over-year increase, revenue of $935.17 million slightly missed the Street estimate of $936.52 million. More critically, the company issued fiscal 2027 adjusted EPS guidance of $4.42 to $4.73, with a midpoint of approximately $4.58, falling below the FactSet consensus estimate of $4.61, raising concerns over the full-year profit trajectory.
Notably, Nextpower had rallied over 8% during the regular session ahead of the report as investors positioned for an earnings beat, amplifying the post-earnings reversal. The company recently completed its acquisition of Prevalon Energy to enter the battery energy storage and AI data center power markets, and announced the planned acquisition of Germany-based Zimmermann PV-Steel for up to 330 million euros to expand its international footprint.
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