Breaking News: Nvidia and Walmart Earnings This Week—Investor Insights
Nvidia Earnings:
Nvidia (NVDA), a tech giant in graphics processing units (GPUs), is expected to report its fiscal fourth-quarter results on Wednesday, February 22nd, after the market closes. Analysts anticipate strong revenue growth driven by demand for its GPUs used in data centers, gaming, and automotive applications. However, concerns linger regarding the potential impact of the global chip shortage and macroeconomic headwinds.
Key metrics to watch include revenue, earnings per share (EPS), and guidance for the upcoming quarter. Investors will be keen on updates on Nvidia's data center business, which has been a significant growth driver for the company. Additionally, they will be interested in the company's outlook on the gaming market, as well as its plans to address the ongoing chip shortage.
Key Points to Consider:
- EPS expectations: $1.30
- Revenue expectations: $7.38 billion
- Analysts anticipate data center revenue to be a key driver
- Concerns about chip shortage and broader economic conditions
Walmart Earnings:
Walmart (WMT), the world's largest retailer, will release its fourth-quarter and full-year results on Thursday, February 23rd, before the market opens. The company is expected to report solid financial performance, benefiting from strong consumer spending and its continued focus on e-commerce. However, inflationary pressures and supply chain disruptions may have weighed on its margins.
Investors will closely monitor Walmart's comparable sales growth, a key indicator of its retail performance. They will also be interested in the company's updates on its e-commerce business, its cost-saving initiatives, and its plans to navigate the current economic environment.
Key Points to Watch:
- EPS expectations: $1.52
- Revenue expectations: $152.4 billion
- Focus on comparable sales growth and e-commerce performance
- Monitoring of inflationary pressures and supply chain challenges
