...NVIDIA results in 6 days (Aug 28 after market close). It must not disappoint.
...last quarter was 60c, 64c estimates should be easily achievable, no excuses but the worry could be around forward guidance.
Magnificent Seven Stocks are on track for their first quarterly underperformance relative to the rest of the S&P 500 in almost 2 years
https://x.com/Barchart/status/1826470776565834164
- NVIDIA is set to report quarterly earnings after the market closes Aug. 28.
- The chip giant consistently exceeds anticipated revenue and earnings-per-share.
- NVIDIA is expected to report earnings per share of $0.64 on $28.64 billion in revenue—both figures notably higher than estimates last quarter.
- A focal point for this quarter will likely be 2024 guidance and efficiency advancements to keep momentum rolling with competitors making big splashes in the sector.
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