![]() ![]() We believe that NVIDIA’s innovative product pipeline, strength in gaming and high-end notebook GPUs, and focus on GRID platforms will drive its results. Notably, NVIDIA has surpassed the Zacks Consensus Estimate in the four preceding quarters with an average positive surprise of 57.89%. Last quarter, the company posted a positive earnings surprise of 25.81%. The Zacks Consensus Estimate is pegged at 37 cents. The company designs, develops and markets a top-to-bottom family of 3D graphics processors, graphics processing units and related software worldwide.įor the quarter, this Zacks Rank #2 (Buy) company has an Earnings ESP of 0.00%. NVIDIA will report second-quarter fiscal 2017 results. ( LTRPA Quick Quote LTRPA - Free Report) and Luxoft Holding, Inc. ( AZPN Quick Quote AZPN - Free Report), Liberty TripAdvisor Holdings, Inc. Let’s take a sneak peek into four IT companies - NVIDIA Corporation ( NVDA Quick Quote NVDA - Free Report), Aspen Technology, Inc. So far, total earnings are down 0.8% year over year in spite of 2.4% higher revenues, with 83% beating EPS estimates and 74.5% beating revenue expectations. For this sector, we have Q2 results from 88.1% of the sector’s total market capitalization in the S&P 500 index. Technology sector results have been notably better than expected. So far, total earnings of these 433 index members are down 4.1% year over year on 0.9% lower revenues, with 70.7% beating EPS estimates and 52.7% coming in ahead of top-line expectations. ![]() We are nearing the end of the second quarter earnings season with results from 433 S&P 500 members that is almost 87.7% of the index’s total membership already out. ![]()
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