Nvidia (NVDA) exceeded earnings expectations with $1.3 per share, up from $0.81 per share a year ago. Quarterly revenues of $57.01 billion also beat estimates by 4.14%. The stock has gained 35.1% this year. Analysts anticipate a positive outlook for Nvidia based on favorable estimate revisions and a Zacks Rank #2 (Buy).
HP (HPQ) is set to report quarterly results on November 25, with an expected earnings of $0.92 per share, down 1.1% year-over-year. Revenue is forecasted at $15.02 billion, up 6.9% from last year. Investors are advised to keep an eye on the industry outlook, as it can influence stock performance.
Read more at Nasdaq: Nvidia (NVDA) Beats Q3 Earnings and Revenue Estimates
