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For the quarter, Wall Street is anticipating earnings per share (EPS) of $0.84 on revenue of $38.2 billion, according to consensus estimates via Bloomberg.
Nvidia reported adjusted earnings per share of $0.68 on revenue of $30 billion in its fiscal second quarter. Analysts were expecting EPS of $0.64 and revenue of $28.8 billion.
Last quarter, Nvidia shares rose just 0.5% the day after it reported. In the period before that, the stock slumped 6.3%. In both instances, the S&P 500 was little changed.
Nvidia just delivered one of 2024's most-anticipated earnings reports, and the AI leader has passed big tests with flying colors. Nvidia Has Delivered Another Blowout Quarter and Looks Poised for ...
In the fourth quarter of fiscal 2024, its just-completed fiscal year, Nvidia’s data center segment, which realizes most of the demand for its high-end chips that power AI applications, saw ...
Nvidia’s earnings are a referendum on both AI investment and the semiconductor industry, multiple industry analysts told Fortune. Nvidia’s Q2 earnings could spark an AI rally—or trigger a ...
Nvidia said it expects about $32.5 billion in current quarter revenue, versus $31.7 billion expected by analysts, according to StreetAccount. That would be an increase of 80% from a year earlier.
KeyBanc lowered its fiscal fourth quarter sales guidance for Nvidia to $37.7 billion from $40 billion and its earnings outlook to $0.83 per share from its prior guidance of $0.88 per share.