Earnings Updates | Q4 2023

March 27, 2024by toleg.work

The corporate reporting period is over.

Nvidia demonstrated the best results among the companies in the S&P 500 index. Its revenue is $22.1B. It increased by +37.3% compared to the corresponding value for the previous quarter.

Among the industries, the growth leader was the Construction & Engineering industry. The average revenue growth of all companies belonging to it is +4.6%.

Among the sectors, the financial sector became the growth leader. The average revenue growth of all companies belonging to it is +1.7%.

Over the past three months, Nvidia shares have risen by +95.9%. At the same time, the engineering and construction industry grew by +19.8%, and the financial sector by +9.8%. Market participants reacted positively to the companies’ reporting results, which stimulated the growth of their stock prices.

*surprise – % ratio between actual and expected revenue
**growth – % ratio of the amount of revenue for the last 4 quarters compared to this value calculated for the previous quarter

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