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[UpcomingLive] Is NVIDIA A Good Long Term Investment?

Happy Wendesday Morning every mooers! Wish you have sexy gains this week!

Chip designer NVIDIA Corporation will report Q3's earnings on Today, at 5:00 p.m. EST. Our @moo_Live will sync the Nvidia earnings call to the moo community for $NVDA stockholders and fans to get the first-hand info, follow @moo_Live and stay tuned!
[UpcomingLive] Is NVIDIA A Good Long Term Investment?

Nvidia  $NVIDIA (NVDA.US)$  Q2's earnings report showed that the adjusted net profit and revenue in the Q2 exceeded Wall Street analysts' expectations. Nvidia Q2 revenue was $2.58 billion, net profit was $552 million, and gross profit margin was 59.8%. After releasing earnings report, Nvidia's stock price rose sharply after the market.
[UpcomingLive] Is NVIDIA A Good Long Term Investment?

The big highlight for NVIDIA Q3's earnings report was the launch of its highly anticipated GeForce 30 series lineup utilizing the latest generation of process manufacturing technologies. Another crucial segment to watch out for, as always, will be data center. 
[UpcomingLive] Is NVIDIA A Good Long Term Investment?

Let's take a look at what Wall Street analysts have been saying $NVIDIA (NVDA.US)$ over these past few weeks.


Analysts expect Nvidia to be more profitable with earnings rising to $1.68 a share, compared with $1.45 a share a year ago. The adjusted earnings consensus is $2.54 a share. Still, data center sales are also expected to perform well, with the consensus estimate for revenue at $1.8 billion.

Given that Nvidia's net income  are generally positive, long-term shareholders would be probably satisfied going into this earnings release.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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