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Is It Time To Sell Nvidia?

August 30, 2024
in Trade Tube
Reading Time: 1 min read
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Nvidia’s second quarter results, released after the bell on Wednesday, showed adjusted earnings per share (EPS) tallied $0.68 on revenue of $30 billion.

Analysts were expecting adjusted EPS of $0.64 on revenue of $28.8 billion, according to data from Bloomberg. The company reported adjusted EPS of $0.27 on revenue of $13.5 billion in the same quarter last year.

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By the numbers: Analysts are expecting quarterly revenue of $28.73 billion and net income of $14.91 billion, according to S&P Capital IQ.

#nvidia #earningsreports #stockmarketnews

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