However, it delivered an earnings surprise of 9.63%, on average, in the last four quarters. Nvidia’s earnings surprise history is solid. This videogame-gear specialist saw no earnings estimate revision over the past 30 days for the third quarter of fiscal 2022. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. According to our methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) increases the chances of an earnings beat. Nvidia currently has a Zacks Rank #2 (Buy) and an Earnings ESP of +1.06%. These include VanEck Vectors Semiconductor ETF, VanEck Vectors Video Gaming and eSports ETF, Invesco PHLX Semiconductor ETF and iShares Semiconductor ETF. Given the higher chances of an earnings beat, ETFs having the largest allocation to Nvidia could make compelling plays ahead of its earnings report.
0 kommentar(er)
