Earning Releases: Nvidia, Walmart and Home Depot Are Expected To Beat Estimates
19 Fevereiro 2024 - 8:29AM
IH Market News
NVIDIA (NASDAQ:NVDA)
NVIDIA is confirmed to report earnings on Wednesday, February
21, 2024 at approximately 4:20 PM ET.
The consensus earnings estimate is $4.55 per share on revenue of
$20.24 billion, representing 234.5% year-over-year revenue
growth.
The company’s guidance was for earnings of $4.28 to $4.66 per
share on revenue of $19.60 billion to $20.40 billion. Investors are
bullish going into the company’s earnings release with 70.8%
expecting a beat. Short interest has increased by 4.1% since the
company’s last earnings release while the stock has drifted higher
by 45.7% from its open following the earnings release to be 53.2%
above its 200 day moving average of $474.09.
Overall earnings estimates have been revised higher since the
company’s last earnings release. Option Traders are pricing in a
11.3% move on earnings and the stock has averaged a 7.7% move in
recent quarters. On Friday, February 16, 2024 there was some
notable buying of 13,637 contracts of the $800.00 call expiring on
Friday, February 23, 2024.
Walmart (NYSE:WMT)
Walmart is confirmed to report earnings on Tuesday, February 20,
2024 at approximately 7:00 AM ET. The consensus earnings estimate
is $1.65 per share on revenue of $170.21 billion, representing 3.8%
year-over-year revenue growth.
Investors are bullish going into the company’s earnings release
with 69.8% expecting a beat. Short interest has decreased by 21.1%
since the company’s last earnings release while the stock has
drifted higher by 7.3% from its open following the earnings release
to be 7.6% above its 200 day moving average of $158.34.
Overall earnings estimates have been revised lower since the
company’s last earnings release. Option Traders are pricing in a
4.4% move on earnings and the stock has averaged a 4.0% move in
recent quarters. On Wednesday, February 14, 2024 there was some
notable buying of 5,355 contracts of the $160.00 put expiring on
Friday, February 23, 2024.
Home Depot (NYSE:HD)
Home Depot is confirmed to report earnings on Tuesday, February
20, 2024 at approximately 6:00 AM ET. The consensus earnings
estimate is $2.77 per share on revenue of $34.63 billion, a decline
of 3.4% year-over-year.
Investors are bullish going into the company’s earnings release
with 69.0% expecting a beat. Short interest has increased by 30.7%
since the company’s last earnings release while the stock has
drifted higher by 20.4% from its open following the earnings
release to be 14.5% above its 200 day moving average of
$316.51.
Overall earnings estimates have been revised lower since the
company’s last earnings release. Option Traders are pricing in a
4.6% move on earnings and the stock has averaged a 3.5% move in
recent quarters. On Thursday, February 08, 2024 there was some
notable buying of 5,037 contracts of the $330.00 put expiring on
Friday, April 19, 2024.
Other companies are expected to beat estimates this week: Etsy,
Carvana, Verity Holdings, Rivian, Palo Alto Networks and Block.
Transocean is Expected to Miss Estimates.
Home Depot (NYSE:HD)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Home Depot (NYSE:HD)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024