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Nvda stock earnings announcement
Nvda stock earnings announcement










nvda stock earnings announcement nvda stock earnings announcement nvda stock earnings announcement

An increase in Hyperscale demand and the growing adoption in the inference market are likely to have been tailwinds during the to-be-reported quarter.NVIDIA’s growth opportunities in ray-traced gaming, rendering, high-performance computing and AI are likely to have been driving factors during the period in discussion. The Zacks Consensus Estimate for the same is pegged at $7.43 billion, indicating a 48.5% jump from the year-ago reported figure.The Zacks Consensus Estimate for quarterly earnings is pegged at $1.22 per share, suggesting a significant year-over-year improvement of 56.4%.The company’s earnings beat the Zacks Consensus Estimate in all the preceding four quarters, the average surprise being 7.7%.Let’s see how things have shaped up before the announcement.NVIDIA Corporation Price and EPS Surprise NVIDIA Corporation price-eps-surprise | NVIDIA Corporation QuoteFactors to Note Ahead of Q4 ResultsThe continued strength in its data-center business on the growing adoption of cloud-based solutions amid the pandemic-induced work-from-home wave is expected to have boosted NVIDIA’s fourth-quarter revenues. NVIDIA Corporation NVDA is scheduled to release fourth-quarter fiscal 2022 results on Feb 16.For the fiscal fourth quarter, the company expects revenues of $7.4 billion (+/-2%).












Nvda stock earnings announcement