On Thursday, February 8th, NVIDIA NVDA will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.
Dave will look at NVIDIA's past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on NVIDIA ahead of earnings.
NVIDIA is expected to report earnings at $1.16 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 41.49%. They reported earnings at $1.33per share, beating their estimate of $0.94. They have an average earnings surprise of 33.51% over the last 4 quarters.
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