Active After Hours: Key Stock Movements and EPS Updates

In a recent report, several active stocks showed fluctuations in after-hours trading, with NVIDIA and Oracle receiving positive revisions to their earnings forecasts, indicating strong investor sentiment.

Date: 13-09-2024

AI Rating: 7

The report highlights notable after-hours activity among various stocks, including significant mentions of NVIDIA Corporation (NVDA) and Oracle Corporation (ORCL) regarding their earnings forecasts.

Earnings Per Share (EPS): NVIDIA's consensus EPS forecast stands at $0.69 for the fiscal quarter ending October 2024, supported by nine upward revisions in earnings forecast over the past month. This positive sentiment suggests growth potential in EPS, which is beneficial for stock prices. Similarly, Oracle boasts a consensus EPS forecast of $1.22 for the fiscal quarter ending August 2025, paired with three recent up revisions. Such indicators typically result in increased investor confidence.

Net Income & Profit Margins: The report does not explicitly mention net income or profit margins for the companies discussed, so we cannot derive additional insights from these areas.

Revenue Growth: Although specific revenue growth figures are also absent, the upward revisions in earnings forecasts for both NVDA and ORCL imply a potentially positive trajectory in revenue growth, which is an encouraging sign for investors.

Market Reactions: In after-hours trading, NVDA and ORCL have experienced changes in stock prices that reflect their market expectations based on the earnings revisions. For instance, NVDA is trading slightly lower at $118.79, while Oracle has seen a notable increase to $170.50 following its recent forecast updates. Meanwhile, stocks like Exelon Corporation (EXC) and others are trading close to their target prices, showing a stable outlook.

Stocks: NVDA ORCL EXC IMRX AMCR VZ UAA WFC PR AVGO AMZN AAPL