EPS

Record-breaking Earnings: Carvana Surprises Analysts with 23 Cents EPS and $3.06 Billion Revenue

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Phoenix, Arizona – Carvana, an online auto retailer, reported a significant improvement in its financial performance during the first quarter, showcasing record-breaking results after undergoing a major restructuring process to prioritize profitability over growth. The company’s earnings per share of 23 cents exceeded expectations, while its revenue of $3.06 billion also outperformed analysts’ forecasts. Carvana’s net income for the first quarter reached $49 million, a stark contrast to the $286 million loss experienced in the …

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Qualcomm’s Surprising Success: Beats Expectations With $9.39 Billion in Revenue and $2.44 EPS

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San Diego, California – Qualcomm, a leading technology company, reported its quarterly earnings, surpassing LSEG consensus estimates. In the quarter ending in March, the company announced adjusted earnings per share of $2.44, compared to the expected $2.32, and adjusted revenue of $9.39 billion, exceeding the expected $9.34 billion. During the quarter, Qualcomm reported a net income of $2.33 billion, or $2.06 per share, up from $1.7 billion, or $1.52 per share, in the same period …

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NVDA Stock Surges as Chip Giant Nvidia Prepares to Release Q4 Fiscal 2024 Results: Analysts Predict Tripling Revenues and Triple-Digit EPS Increase

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SANTA CLARA, Calif. – Nvidia, a leading chip giant, is set to release its Q4 Fiscal 2024 financial results on February 21st. Analysts are optimistic about the company’s performance, citing strong demand for its products in the AI sector, particularly in its Data Center business. Most analysts have raised their price targets on Nvidia stock ahead of the Q4 earnings report, with one analyst noting the company as the best AI/ML play. The growth in …

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