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Feb 21, 01:14 PM
Nvidia's Earnings Report Anticipated with Revenue Doubling, EPS $4.63, 10.6% Share Price Movement Expected, Revenue to Reach $110 Billion by 2026
Economics
Business

Nvidia's Earnings Report Anticipated with Revenue Doubling, EPS $4.63, 10.6% Share Price Movement Expected, Revenue to Reach $110 Billion by 2026

Authors
  • CNBC
  • zerohedge
  • Yahoo Finance
32

Nvidia's upcoming earnings report is highly anticipated, with analysts forecasting significant revenue growth. The company's fiscal year revenue is expected to double to nearly $59 billion, surpassing its tech peers. Wall Street expects earnings per share of $4.63, although actual performance may exceed this. Options trading indicates a potential 10.6% share price movement post-earnings, with analysts projecting revenue to reach $110 billion by 2026. The earnings report is seen as crucial for the tech industry and broader markets, with Nvidia's performance being a key focus for investors and analysts.

Written with ChatGPT (GPT-3).

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