NVDA has “beat” analyst estimates for earnings in seven of the last eight quarters by an overall average of 15%, rising an average of more than 9% in response to those results
Now that the rest of the “Magnificent Seven” stocks have reported mostly strong earnings , the big question on traders’ minds is whether Nvidia can continue to deliver exceptional results. even if Nvidia reports marginally better figures than the expectations outlined above, the stock may still struggle given traders’ sky-high expectations.for the upcoming quarter will be just as significant as the backward-looking results from the most recent quarter. The market, forward-looking by nature, will dissect any signals that suggest sales growth may outpace current consensus projections, providing new momentum for bullish sentiment.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »