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NVIDIA, Synopsys, and Snowflake Earnings On Deck: A Preview

  • May 19th, 2024
  • 461 views

Companies scheduled to unveil their financial results on Wednesday, May 22 include:

NVIDIA Corporation (Nasdaq: NVDA), a leading technology company known for its GPUs and AI innovations, will release its financial results for the first quarter of fiscal year 2025 after the close of the market.

Analysts forecast an earnings per share (EPS) of $5.57 on revenue of $24.57 billion.

$NVDA closed at $924.79 on Friday, reflecting a decline of $18.80 (1.99%).

Synopsys, Inc. (Nasdaq: SNPS), a key player in the electronic design automation industry, will report results for the second quarter of fiscal year 2024 after the market close.

The consensus estimate for EPS stands at $3.05 on revenue of $1.42 billion.

$SNPS ended Friday's trading at $566.73, down $2.54 (0.45%).

Snowflake Inc. (NYSE: SNOW), a cloud-based data warehousing company, is expected to announce its financial results for the first quarter of fiscal year 2025 following the close of the U.S. markets.

Analysts anticipate an EPS of $0.18 on revenue of $785.87 million.

On Friday, $SNOW closed at $161.86, marking a decrease of $3.18 (1.93%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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