These IBD 50 stocks will see triple-digit earnings growth, with Nvidia expected to grow 450%

The start of a new quarter means earnings season is about to begin, and six leading companies IBD50 The company is expected to report earnings growth of at least 100%, with Nvidia (NVDA) is expected to exceed 450%. Eyes will be on Nvidia stock as the company explodes after reporting earnings data.


Nvidia stock to go public on May 22

Following the blowout in fourth-quarter results, Nvidia’s stock price jumped 16.4% on February 22 and hit a record high of 974 points on March 8.

The leading chip and artificial intelligence giant reported fiscal first-quarter earnings on May 22 after the market closed. Analysts expect the company to post another quarter of profit growth, up 459% from the same period last year. market surgeQuarterly sales are expected to grow 240%.

Likewise, Nvidia’s second-quarter profits are expected to grow 100% and continue to slow over the next two quarters. Its second fiscal quarter to fourth fiscal quarter increased by 429%, 593% and 486% respectively compared with the previous year. Its fiscal 2025 profits are expected to rise 82% after rising 288% in 2024. Nvidia stock is currently about 10% below its all-time high.

Create my trip (MMYT) will announce its fourth-quarter results around May 21. Analysts expect profits to rise 204% from the same period last year, following huge increases of 500%, 257% and 150% in the same period last year. Quarterly sales are expected to rise 23%. Shares of the online travel service provider hit an all-time high and are up nearly 60% so far this year.

Analysts expect JFrog earnings to grow significantly

tide (TDW) released its first-quarter results around May 13, with expected profit growth of 166% and revenue growth of 62%, continuing the trend of six consecutive quarters of profit growth and sales growth.

Analysts expect earnings per share to grow 153% to 162% from the second quarter to the fourth quarter. Tidewater owns and operates a fleet of offshore support vessels used in energy exploration and production. Shares are near all-time highs.

return, Jay frog (frog) releases first-quarter data around May 1. Analysts predict profits will rise 139% from the same period last year, with sales rising 24%.

JFrog’s quarterly profit has grown from 6 cents per share to 19 cents over the past four quarters. The software update company beat fourth-quarter estimates on Feb. 14, sending shares up 28.4% the next day before retreating.

Chip equipment and bank stocks now see earnings growth

farther, ACM Research (ACMR) will release first-quarter data around May 3. Profits are expected to grow by 127% and sales by 105%.

Semiconductor equipment suppliers were crushed Fourth quarter profit expectations On February 28, the stock’s trading volume surged 40.8%. On March 1, the stock hit a new 52-week high and accounted for most of the gains.

at last, First Citizens Bank, Inc. (canadian national computer association) announced its first-quarter results on April 25. Analysts expect sales to grow 96% and profits to grow 121%.

Profit growth in the three quarters before this ranged from 122% to 212%, but profit growth at regional banks is expected to slow in the next three quarters.

Follow Kimberley Koenig on Twitter for more stock news @IBD_KKoenig.

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