Nvidia pulls additional away from different chip makers by this one measure

Each earnings season, as corporations announce their outcomes and supply steerage on what to anticipate, analysts replace their estimates for income and earnings. Typically about 70% of reporting corporations will beat estimates for gross sales or earnings per share after they report quarterly outcomes, however this alone doesn’t imply very a lot. Companies and analysts who work for brokerage corporations could also be conservative with their estimates to arrange the “beats.” What actually helps long-term buyers is when the estimates march steadily greater quarter after quarter.

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