NVDA Earnings “Can't Blow Away Like Last Year”
Portfolio Pulse from
Chris Wang previews Nvidia's upcoming earnings report, suggesting that while Nvidia may not surpass expectations as dramatically as last year, it is still likely to beat estimates.
November 18, 2024 | 2:30 pm
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POSITIVE IMPACT
Nvidia is expected to beat earnings estimates, though not as significantly as last year. This suggests a positive outlook but with moderated expectations.
Chris Wang's analysis indicates that Nvidia will likely beat earnings estimates, which is generally positive for the stock price. However, the impact may be less pronounced than last year, suggesting a more moderate positive reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100