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Nvidia earnings report incoming
Positive earnings growth expected
Chip maker Nvidia is expected to report second-quarter adjusted earnings of 65 cents a share on revenue of 2874.
Nvidia stock closed higher Tuesday as investors prepare for its earnings report.
However the real test of the chip makers. Then in 2022 earnings grew to 044 In 2023 earnings slid to 033 before exploding higher.
Earnings expectations
NVIDIA Corporation Common Stock is expected to report earnings on 08282024 after market close.
The report will be for the.
Earnings per share estimates
- 0.63
- 0.65
- 0.44
- 0.33
Revenue estimates
- $2874 million
What to watch for
Nvidia stock needs more than strong Q2 results for a post-earnings surge.
While the average Wall Street target calls.
Analysts on Wall Street project that Nvidia NVDA will announce quarterly earnings of 063 per share in its.
Recent earnings results
Nvidia reported fiscal first-quarter earnings on Wednesday beating Wall Streets expectations..
Conclusion
Nvidia is a leading player in the semiconductor industry and its earnings report will be closely watched by investors.
The company is expected to report strong results, but it remains to be seen whether this will be enough to drive its stock price higher.