Zacks releases list of companies with earnings surprises, including Nvidia and Amazon

From NASDAQ.: 2024-11-25 03:03:00

Zacks.com releases list of companies likely to issue earnings surprises, including Nvidia’s NVDA and Amazon AMZN. Nvidia’s Q3 earnings increased +106.3% to $19.37 billion, with revenues up +93.6% to +35.08 billion. Market reaction lukewarm as stock price relative to EPS estimates evolves. Nvidia’s market cap surpasses Apple and Microsoft, but guidance upgrades are underwhelming. Retail sector struggles to beat estimates in Q3, with Amazon showing strong results. Total S&P 500 earnings up +8.1% in Q3, with Energy sector drag affecting growth pace. Q4 earnings expected to be up +7.7%. Zacks’ top stock-picking strategies have blown away S&P’s average gain, with live picks available for free. Zacks Research Chief names stock most likely to double, highlighting innovative financial firm with potential for big gains. Visit Zacks.com for more information.



Read more at NASDAQ.: Nvidia’s and Amazon are part of Zacks Earnings Preview