From Nasdaq: 2024-05-02 12:10:09

Nvidia (NVDA), a leading graphics chip maker, has consistently surpassed earnings estimates, with an average surprise of 16.52% in the last two quarters. Analysts are bullish on the company’s earnings prospects, with an Earnings ESP of +2.50% and a Zacks Rank #2 (Buy). The next earnings report is expected on May 22, 2024.

Investors can use the Zacks Earnings ESP to predict potential earnings beats. Although a negative value doesn’t guarantee a miss, it reduces the metric’s reliability. It’s crucial to consider a company’s Earnings ESP before its quarterly release to enhance success rates. Check out Zacks’ Earnings ESP Filter for pre-report stock insights.

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Read more at Nasdaq: Will Nvidia (NVDA) Beat Estimates Again in Its Next Earnings Report?