{"id":72304,"date":"2023-11-21T09:05:24","date_gmt":"2023-11-21T14:05:24","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=72304"},"modified":"2023-11-21T09:05:24","modified_gmt":"2023-11-21T14:05:24","slug":"coffee-with-greta-waiting-for-nvidia","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/11\/21\/coffee-with-greta-waiting-for-nvidia\/","title":{"rendered":"Coffee With Greta: Waiting For Nvidia"},"content":{"rendered":"

Register now<\/a><\/strong> for the next free trading Q&A on LinkedIn with crypto expert and trader John Divine!<\/p>\n

DJIA Futures: <\/b>+204 (+0.6%)<\/span><\/p>\n

SPX Futures: <\/b>+33 (+0.7%)<\/span><\/p>\n

NASDAQ Futures: <\/b>+159 (+1.1%)<\/span><\/p>\n

Good morning friends!<\/span><\/p>\n

Futures are higher as the rally continues.\u00a0\u00a0<\/span><\/p>\n

Let\u2019s get right to it!<\/span><\/p>\n

Nvidia Earnings Day<\/span><\/h2>\n

Nvidia <\/b>(NVDA) shares are slipping 0.8% in premarket trade as traders look ahead to the chipmaker\u2019s earnings report later today.\u00a0<\/span><\/p>\n

The company is scheduled to report Q3 earnings after the market closes.\u00a0<\/span><\/p>\n

The stock closed at a fresh all-time high of $504.09 per share on Monday.\u00a0<\/span><\/p>\n

Analysts are expecting Nvidia to report year over year revenue growth of 170% and to forecast Q4 revenue growth of nearly 200%.\u00a0<\/span><\/p>\n

The company does not typically provide full-year guidance but focus will be on any comments about demand in 2024.\u00a0\u00a0<\/span><\/p>\n

Lowe\u2019s Drops On Revenue Miss, Guidance Cut<\/span><\/h2>\n

Lowe\u2019s <\/b>(LOW) shares are down 3.7% ahead of the open after reporting mixed Q3 results and cutting its outlook.<\/span><\/p>\n

Here\u2019s how the home improvement retailer\u2019s results compared to analysts\u2019 estimates:<\/span><\/p>\n

    \n
  • EPS: $3.06 vs $3.02 expected<\/span><\/li>\n
  • Revenue: $20.5 billion vs $20.9 billion expected<\/span><\/li>\n<\/ul>\n

    Same-store sales dropped 7.4% from a year ago vs the 5.4% drop analysts were expecting.<\/span><\/p>\n

    Lowe\u2019s slashed its full-year outlook as sales continue to slow.\u00a0<\/span><\/p>\n

    The retailer now expects EPS of $13 per share on $86 billion in revenue.\u00a0<\/span><\/p>\n

    That\u2019s down from the previous forecast for EPS of $13.20 to $13.60 on $87 billion to $89 billion in revenue.\u00a0<\/span><\/p>\n

    Kohl\u2019s Slips As Same-Store Sales Drop<\/span><\/h2>\n

    Kohl\u2019s <\/b>(KSS) shares are falling 5.2% in premarket trade after beating Q3 profit expectations but missing on sales.\u00a0<\/span><\/p>\n

    Here\u2019s how the retailer\u2019s results compared to analysts\u2019 estimates:\u00a0<\/span><\/p>\n

      \n
    • EPS: $0.53 vs $0.35 expected<\/span><\/li>\n
    • Revenue: $3.843 billion vs $3.988 billion expected<\/span><\/li>\n<\/ul>\n

      Same-store sales dropped 5.5% year over year vs expectations for a 3.8% decline.\u00a0<\/span><\/p>\n

      Kohl\u2019s also narrowed its full-year outlook following the sales miss.\u00a0<\/span><\/p>\n

      The company now expects EPS of $2.30 to $2.70 vs $2.10 to $2.70 previously.\u00a0<\/span><\/p>\n

      Full-year net sales are expected to decline 2.8% to 4% vs previous expectations for a 2% to 4% drop.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Register now for the next free trading Q&A on LinkedIn with crypto expert and trader John Divine! DJIA Futures: +204 (+0.6%) SPX Futures: +33 (+0.7%) NASDAQ Futures: +159 (+1.1%) Good morning friends! Futures are higher as the rally continues.\u00a0\u00a0 Let\u2019s get right to it! Nvidia Earnings Day Nvidia (NVDA) shares are slipping 0.8% in premarket trade as traders look ahead to the chipmaker\u2019s earnings report later today.\u00a0 The company is scheduled to report Q3 earnings after the market closes.\u00a0 The stock closed at a fresh all-time high of $504.09 per share on Monday.\u00a0 Analysts are expecting Nvidia to report year over year revenue growth of 170% and to forecast Q4 revenue growth of nearly 200%.\u00a0 The company does not typically provide full-year guidance but focus will be on any comments about demand in 2024.\u00a0\u00a0 Lowe\u2019s Drops On Revenue Miss, Guidance Cut Lowe\u2019s (LOW) shares are down 3.7% ahead of the open after reporting mixed Q3 results and cutting its outlook. Here\u2019s how the home improvement retailer\u2019s results compared to analysts\u2019 estimates: EPS: $3.06 vs $3.02 expected Revenue: $20.5 billion vs $20.9 billion expected Same-store sales dropped 7.4% from a year ago vs the 5.4% drop analysts were expecting. Lowe\u2019s slashed its full-year outlook as sales continue to slow.\u00a0 The retailer now expects EPS of $13 per share on $86 billion in revenue.\u00a0 That\u2019s down from the previous forecast for EPS of $13.20 to $13.60 on $87 billion to $89 billion in revenue.\u00a0 Kohl\u2019s Slips As Same-Store Sales Drop Kohl\u2019s (KSS) shares are falling 5.2% in premarket trade after beating Q3 profit expectations but missing on sales.\u00a0 Here\u2019s how the retailer\u2019s results compared to analysts\u2019 estimates:\u00a0 EPS: $0.53 vs $0.35 expected Revenue: $3.843 billion vs $3.988 billion expected Same-store sales dropped 5.5% year over year vs expectations for a 3.8% decline.\u00a0 Kohl\u2019s also narrowed its full-year outlook following the sales miss.\u00a0 The company now expects EPS of $2.30 to $2.70 vs $2.10 to $2.70 previously.\u00a0 Full-year net sales are expected to decline 2.8% to 4% vs previous expectations for a 2% to 4% drop.<\/p>\n","protected":false},"author":41,"featured_media":72314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-72304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=72304"}],"version-history":[{"count":2,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72304\/revisions"}],"predecessor-version":[{"id":72316,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72304\/revisions\/72316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/72314"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=72304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=72304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=72304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}