Nvidia Earnings
Nvidia reports earnings after market close this afternoon. NVDA has been a leader in the market this year and has grown to the third largest company by market cap in the world.
These earnings are going to have massive implications for the market so ensure your portfolio is positioned correctly to account for the earnings risk.
Numbers to Know
The market is expecting an 8.7% move based on earnings so if you are going to play options in either direction keep that in mind to help you determine which are optimal to buy.
As for the actual earnings, these are the figures you need to know if you are going to be actively trading after hours:
Revenue expectation: $24.6B
EPS expectation: $5.60
I review NVDA and more details to help you prepare for the earnings release here: