Next week's earnings calendar is arguably not over, with the most important earnings announcement scheduled for Wednesday, May 22nd when Nvidia reports earnings after the close.
Summary of the most important releases:
Monday 20 May
- Zoom in
- Palo Alto Networks
- Trip.com
Tuesday 21 May
- Louise
- Take care of the brothers
- Urban Outfitters
- Automatic zone
- Messi
Wednesday, May 22
- Goal
- Analog devices
- Snowflake
- Nvidia
- TJX
Thursday 23 May
- Ralph Lauren
- Intuit
- BJs
- rus
- a work day
By far, Nvidia will be the driver of the market.
Nvidia shares are up 88% in 2024. That sounds like a lot, but EPS is expected to reach $5.58 which is up from $1.09 during the same quarter in 2023. That's a 411% gain.
Nvidia's revenue is expected to be $24.556 billion versus $7.19 billion in 2023. This represents an increase of 241%.
The stock price a year ago was $305. With the current price at $933, that represents a 205% upside.
