NVIDIA NVDA Earnings Dates & Reports

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Wall Street had been looking for revenue and adjusted EPS of $8.12 billion and $1.29, respectively, so Nvidia comfortably exceeded both expectations. Analyze the earnings history of NVIDIA using advanced sorting and filters. Visit Performance Disclosure for information about the performance numbers displayed above. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Kiress seems to be implying that Coreweave’s contributions to Nvdia’s GPU sales are too small to be significant. If that is the case, it would certainly disprove what The Mad King has argued. In a note to clients, the analyst wrote that Nvidia didn’t need the help of Coreweave or any other customer to “juice the quarter,” citing its impressive results. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The company is providing much of the AI software and other services as well.

There’s a ton of valuable data for investors in the tech giant’s most recent annual report.

To receive notifications via email, enter your email address and select at least one subscription below. You must click the link in the email to activate your subscription. Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,” said Jensen Huang, founder and CEO of NVIDIA. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

These preliminary estimates of non-GAAP measures include non-GAAP gross margin, operating expenses, other income and expense, and income tax expense. “We delivered record results in Data Center and Gaming against the backdrop of a challenging macro environment,” said Jensen Huang, founder and CEO of NVIDIA. “The effectiveness of deep learning to automate intelligence is driving companies across industries to adopt NVIDIA for AI computing.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Most of Wall Street expects Nvidia to continue impressing investors with solid second-quarter results, and even better-than-expected guidance for the second half of the year. The average EPS estimate for the quarter is $2.07, and the average revenue estimate is $11.2 billion, according to data from YahooFinance. In February when Nvidia released in fiscal 2023 report, many investors likely already knew the company was a dominant force in the AI tech realm.

We continue to make headway with our planned acquisition of Arm, which will accelerate innovation and growth for the Arm ecosystem. From gaming, cloud computing, AI, robotics, self-driving cars, to genomics and computational biology, NVIDIA continues to do impactful work to invent a better future,” he said. NVIDIA today reported record revenue for the fourth quarter ended January 30, 2022, of $7.64 billion, up 53 percent from a year ago and up 8 percent from the previous quarter. Gaming, Data Center and Professional Visualization market platforms each achieved record revenue for the quarter and year. This update does not present all necessary information for an understanding of NVIDIA’s financial condition as of the date of this release, or its results of operations for the second quarter.

As a result, instead of citing an unsustainable multiple as being the reason to sell/avoid this stock, the bears are now pointing to possible AI disappointment down the road. View upcoming earnings doble techo trading forecasts and in-depth analysis of
company forecasts. This category includes sales of the company’s cryptocurrency mining processor (CMP), which will fluctuate along with the cryptocurrency market.

Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. The Zacks Consensus Estimate for NVDA’s full-year earnings has moved 42.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock’s earnings outlook is more positive.

Earnings History

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In this case, the stock will be extra sensitive to good news which means that it will have some potential upside if good news is released. Guidance that’s notably different from what Wall Street is expecting will likely move Nvidia stock. For the fiscal third quarter (the August through October period), analysts are currently modeling for adjusted EPS of $1.33 on revenue of $8.38 billion. These results would represent year-over-year growth of 14% and 18%, respectively. NVIDIA paid quarterly cash dividends of $100 million in the fourth quarter and $399 million in fiscal 2022. It will pay its next quarterly cash dividend of $0.04 per share on March 24, 2022, to all shareholders of record on March 3, 2022.

Top Analyst Reports for Mastercard, SAP & Texas Instruments

The next NVIDIA Corporation earnings date is expected for November 2023. For example, they might release their quarterly earnings within a few weeks after the end of each quarter. However, there can be variations due to various factors, including unexpected events, changes in business circumstances, or other reporting requirements. Out of the last 91 earnings reporting periods, NVIDIA Corporation beat analysts’ expectations 70 times and fell short of expectations 13 time(s). NVIDIA Corporation reported earnings per share of $ 2.70 in the last report. Non-GAAP earnings per diluted share were $1.36, up 49% from a year ago and up 3% from the previous quarter.

• NVIDIA’s earnings are expected to grow from $9.24 per share to $14.03 per share in the next year, which is a 51.84% increase.
• NVIDIA will pay its next quarterly cash dividend of $0.04 per share on July 1, 2022, to all shareholders of record on June 9, 2022.
• NVIDIA will pay its next quarterly cash dividend of $0.04 per share on September 28, 2023, to all shareholders of record on September 7, 2023.
• But more and more evidence is suggesting that Coreweave is not as closely linked to Nvidia as the conspiracy theorists supporting it seem to believe.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• However, I’d venture to say that most investors didn’t realize at that time just how humongous the demand for its tech to enable generative AI would be.

NVIDIA has not confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 15th, 2023 based off last year’s report dates. Experts have spoken out against The Mad King’s claims, dismissing them as inaccurate. Bernstein Senior Analyst Stacy Rasgon has helped lead this charge, making the case that investors shouldn’t short NVDA stock, regardless of how much attention these “conspiracy theories” are attracting. But as it turns out, a few days after the report went live, Nvidia addressed one of the topics it centers around. According to our latest data, NVDA has moved about 216.4% on a year-to-date basis.

It’s a powerful system that can predict when a stock will jump 100% or more. StockEarnings.com is owned and published by StockEarnings, Inc (“SE”). Their https://bigbostrade.com/ results are not typical and your experience will vary based upon your effort, education, business model, and market forces beyond our control.

In comparison, Computer and Technology companies have returned an average of 38.9%. This means that Nvidia is outperforming the sector as a whole this year. Nvidia is one of 633 companies in the Computer and Technology group. The Computer and Technology group currently sits at #7 within the Zacks Sector Rank.

Earnings Research Tools

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

What is the next NVIDIA Corporation (NVDA) earnings date?

Caution is necessary when executing the strategy because success is not guaranteed. The ideal scenario would be the NVDA options expiring while worthless but in case it drops to the trader’s strike price, then the trader has to execute a counter-strategy, which in this case would be to buy the stock. As Huang is quoted as saying in a Nvidia blog, “The CPU is for general-purpose computing, the GPU is for accelerated computing, and the DPU, which moves data around the data center, does data processing.” NVIDIA paid quarterly cash dividends of $99 million in the first quarter. It will pay its next quarterly cash dividend of $0.16 per share on July 1, 2021, to all shareholders of record on June 10, 2021. “We are entering the new year with strong momentum across our businesses and excellent traction with our new software business models with NVIDIA AI, NVIDIA Omniverse and NVIDIA DRIVE.

EPS adjusted for one-time items — which is the earnings metric investors should focus on — surged 49% to $1.36. There’s usually valuable information that’s shared on a company’s quarterly earnings calls and even more useful data contained in its annual reports. Following are three metrics that caught my attention as I perused Nvidia’s annual report for fiscal 2023, which ended on Jan. 29. This information is still relevant and should help investors make more informed investing decisions in the AI space. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Most tech stocks are struggling today, and the ones that are in the green aren’t up by a lot. A social media outcry quickly ensued as retail investors and experts alike rushed to look into this allegation. The news didn’t directly impact NVDA stock, but it certainly led to some heavy speculation regarding how accurate its growth prospects really are. Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Nvidia and Camtek as they could maintain their solid performance. For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Nvidia (NVDA Quick QuoteNVDA – Free Report) one of those stocks right now?

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. GAAP financial measures, this press release includes preliminary estimates of non-GAAP measures of certain components of financial performance.

As of now, it is increasingly looking like the Mad King’s theories don’t hold water. If that’s true, this social media fad will quickly blow over and won’t impact NVDA stock in the long or short term. The accusations made in the report are severe and if proven correctly, they would have implications that span far beyond the company at fault. As of this writing, shares are down 2% for the day, continuing the volatility that they experienced last week. However, this can likely be attributed to negative market momentum.

Across industries, the adoption of NVIDIA computing platforms is accelerating. “We had a fantastic quarter, with strong demand for our products driving record revenue,” said Jensen Huang, founder and CEO of NVIDIA. GAAP earnings per diluted share for the quarter were a record $3.03, up 106 percent from a year ago and up 31 percent from the previous quarter. Non-GAAP earnings per diluted share were $3.66, up 103 percent from a year earlier and up 18 percent from the previous quarter.

However, Nvidia’s second-quarter guidance for both the top and bottom lines came in lower than analysts had been expecting. Management was likely being more conservative than usual given the challenging macroeconomic environment. The current global environment is characterized by high inflation, slowing economic growth, and supply chain bottlenecks stemming mainly from the pandemic. “During the quarter, major cloud service providers announced massive NVIDIA H100 AI infrastructures. Leading enterprise IT system and software providers announced partnerships to bring NVIDIA AI to every industry. “NVIDIA GPUs connected by our Mellanox networking and switch technologies and running our CUDA AI software stack make up the computing infrastructure of generative AI.