Nextpower (NXT) to Report Q4 Earnings After Market Close January 27

Solar tracker manufacturer Nextpower (NASDAQ:NXT) is scheduled to announce its fourth-quarter financial results after the market closes on Tuesday, January 27. Analysts expect revenue of $813.8 million, a 19.8% year-over-year increase, and adjusted earnings of $0.94 per share. The company has a track record of exceeding revenue estimates, beating Wall Street forecasts by an average of 8.6% over the past two years. Peer results from the electrical equipment sector, including LSI and Teledyne, have recently topped estimates and driven share price gains. Nextpower's stock has risen 15.9% over the past month, trading near the average analyst price target of $104.23.