From Nasdaq: 2024-05-14 12:59:00

Nice (NICE) is set to release first-quarter 2024 results on May 16 with projected non-GAAP revenues between $650 million and $660 million, indicating 15% growth. Earnings estimated in the $2.40-$2.50 per share range, beating the Zacks Consensus Estimate for revenues of $654.81 million and earnings of $2.45 per share.

NICE’s first-quarter 2024 performance is likely positively impacted by strong cloud solutions adoption, particularly with CXone and the CX AI platform. The Zacks Consensus Estimate for first-quarter 2024 cloud revenues is $469 million, showing growth. Advanced AI capabilities, particularly the Enlighten AI platform, are expected to boost the company’s performance.

NVIDIA (NVDA) is set to release first-quarter fiscal 2025 results on May 22, with shares surging 82.3% year to date. Agilent Technologies (A) will report second-quarter fiscal 2024 results on May 29, while Snowflake (SNOW) is set to report first-quarter fiscal 2025 results on May 22. NVIDIA and Agilent both have positive Earnings ESP values and Zacks Rank #3.

Research Chief Names “Single Best Pick to Double” stock targeting millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. Potential for explosive upside and past success stories make it an intriguing investment option. Stay informed with Zacks Investment Research for the latest recommendations.



Read more at Nasdaq: NICE to Report Q1 Earnings: Will a Strong Portfolio Aid Growth?