Iphi likely to beat zacks professional#

Its earnings beat the Zacks Consensus Estimate in the preceding four quarters, with the average surprise being 7%. The company is scheduled to report second-quarter fiscal 2023 results on May 23. HP’s quarterly revenues are estimated to decrease 20.7% year over year to $13.07 billion.Īgilent carries a Zacks Rank #3 and has an Earnings ESP of +0.40%.

The Zacks Consensus Estimate for HPQ’s second-quarter earnings is pegged at 76 cents per share, suggesting a decline of 29.6% from the year-ago quarter’s earnings of $1.11. You can see the complete list of today’s Zacks #1 Rank stocks here. HP’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 1.1%. The company has a Zacks Rank #2 and an Earnings ESP of +2.29% at present. HP is set to report second-quarter fiscal 2023 results on May 30. HPQ, Agilent A and NetApp NTAP also have the right combination of elements to post an earnings beat in their upcoming releases. Other Stocks With the Favorable Combination Zacks Rank: NVIDIA carries a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. The positive trend is likely to have continued in the fiscal first quarter, mainly due to increasing investments in self-driving and artificial intelligence cockpit solutions.Įarnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate (94 cents per share) and the Zacks Consensus Estimate (92 cents per share), is +2.43%. An increase in Hyperscale demand and growing adoption in the inference market are likely to have been tailwinds in the to-be-reported quarter.įurther, the company’s Automotive segment showed an improvement in trends in five of the last seven quarters. Moreover, the continued strength of its Datacenter business on the growing adoption of cloud-based solutions amid the growing hybrid working trend is expected to have boosted NVDA’s first-quarter revenues. We believe that the trend is likely to have continued in the first quarter for both end markets.

Iphi likely to beat zacks professional#

NVIDIA’s Professional Visualization segment performance also reflected recovery, with revenues increasing 13% sequentially. Revenues from the Gaming end market increased 16% sequentially in the last reported quarter. The company also registered strong demand across most regions for its gaming products. The Gaming end market’s last quarter results had shown early signs of recovery as inventory with channel partners reached normal levels. NVIDIA’s first-quarter performance is likely to have benefited from the recovery across its Gaming and Professional Visualization end markets. NVIDIA Corporation price-eps-surprise | NVIDIA Corporation Quote Factors to Consider NVIDIA Corporation Price and EPS Surprise