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Trading Strategies For Nvidia Stock Before And After Q1 Earnings, A Top Holding In Spear Invest ETF (SPRX)

Benzinga ·  May 23 02:45

NVIDIA Corporation(NASDAQ:NVDA) was falling slightly on Wednesday ahead of the company's first-quarter earnings print, set to be released after the market closes.

When Nvidia printed a fourth-quarter earnings beat on Nov. 21, the stock shot up 16.4% the following day and subsequently continued in its steep uptrend, which brought the share price to an all-time high of $974 on March 8.

For that quarter, Nvidia reported non-GAAP earnings per share of $5.16 on revenues of $22.10 billion, exceeding a consensus estimate of EPS of $4.64 on revenues of $20.62 billion.

For the first quarter, analysts, on average, estimate Nvidia will report...

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