Nvidia (NVDA) Q3 Earnings Preview: 8% Stock Move Expected
An 8% stock price move is expected, but is another beat in store?
- Nvidia is scheduled to report quarterly earnings after the market closes on Nov. 20.
- The company has a strong earnings history, beating estimates four quarters in a row.
- Its expected to report $0.74 earnings per share on $33.03 billion in revenue.
Nvidia earnings preview
Nvidia (NVDA) is the poster-child for success this year, with a stock price increase that now exceeds 200% after opening the year at $49.24 and currently sitting around $148 per share. After falling sharply with the rest of the market in early August, the stock is up over 50% from that low.
It seems everyone wants to get their hands on NVDA stock, but that puts pressure on the company to continue to…
