
Our proprietary surprise prediction model - the Zacks Earnings ESP (Expected Surprise Prediction) - has this insight at its core. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.Įstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out.

This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Revenues are expected to be $6.83 billion, up 44.5% from the year-ago quarter. This maker of graphics chips for gaming and artificial intelligence is expected to post quarterly earnings of $1.11 per share in its upcoming report, which represents a year-over-year change of +52.1%.
