06:04 AM EDT, 05/22/2024 (MT Newswires) -- Nvidia ( NVDA ) is due with its Q1 results in the after-hours session today, and analysts polled by Capital IQ expect the company to report a profit of $5.58 per share on revenue of $24.6 billion.

NVDA is holding a widening pattern in its movement between earnings-driven after-hours trade and the next day's regular session. It has narrowed or reversed its next-day price movement 34 times and has widened its next-day movement 46 times. In a separate event it saw a flat evening trade followed by a next-day gain.

Looking deeper into the performance data, NVDA has recorded an earnings-driven after-hours decline in 32 of the 80 quarters we've tracked. In 17 of those quarters, 53% of the time, the stock has moved deeper in the red in the following day's regular session. On the long side, NVDA has recorded an earnings-driven after-hours gain in 47 quarters. It has widened its gain in the following day's regular session 28 times, or 60% of the time.

Price: 948.83, Change: -5.03, Percent Change: -0.53