NVIDIA Earnings: What to Watch Today After the Market Close
NVIDIA (NASDAQ: NVDA) is slated to report its first-quarter results for fiscal 2021 after the market close on Thursday, May 21.
The graphics processing unit (GPU) leader is going into its release on a strong note. Last quarter, its results easily beat the Wall Street consensus estimates for both revenue and earnings. The quarter also marked the company's return to year-over-year growth on both the top and bottom lines after four consecutive quarters of declines.
NVIDIA stock is a tech stock champ once again. It's returned nearly 53% in 2020 through May 20, while the S&P 500 index (including dividends) is down more than 7% over this period.
Source Fool.com
