Revenue and profit: Nvidia, Cisco and Estee Lauder

19 August 2021 19.08.2021
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2 min.
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Revenue and profit: Nvidia, Cisco and Estee Lauder

Nvidia's earnings

The world's largest maker of graphics microchips for video games and artificial intelligence chips for data centres Nvidia Corp (NASDAQ:NVDA) on Wednesday reported second-quarter revenue that beat estimates.

NVIDIA (NASDAQ:NVDA) on Wednesday reported second-quarter results that beat analysts' estimates. The revenue figure exceeded forecasts.

The company reported earnings of $1.04 per share and revenue of $6.51bln. Analysts had expected earnings per share of $1.02 and total revenue of $6.32bln.

NVIDIA shares were trading at $186.00 after the market close, according to the report.

NVIDIA's stock price, up 45% this year, has performed better than the Nasdaq Index overall, climbing 12% since the beginning of the year.

Cisco's earnings

Cisco released its quarter 4 results on Wednesday, beating analysts' estimates. The revenue figure exceeded forecasts.

The company reported earnings per share of $0.84 and revenues of $13.13bln. Experts in their forecasts assumed earnings per share of $0.8284 and total revenue of $13.04bln.

Cisco shares lost 2.52 per cent trading at $53.75 in after-market trading, according to the report.

Up 23% this year, Cisco's share price has performed better than the Dow Jones index overall, rising 14% since the start of the year.

Estee Lauder revenue

Estee Lauder (NYSE:EL) reported fourth-quarter results that beat analysts' estimates. Also, it is worth noting that the revenue figure exceeded forecasts.

The company reported $0.78 earnings per share and revenue of $3.94bln. Experts had assumed in their forecasts that earnings per share would be $0.5072 and total revenue would be $3.74bln.

However, Estee Lauder's share price, up 19% this year, has performed better than the S&P 500 Index overall, rising 17% since the beginning of the year.

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