NVIDIA Earnings: Release Date, Estimates, and Call Details

Earnings Release Date

NVIDIA Corporation (NASDAQ: NVDA) is expected to release its fiscal Q2 2024 earnings report on August 28, 2024, after the market closes. This report will cover the three-month period ending July 2024.

Earnings Estimates

Analysts expect NVIDIA to report earnings per share (EPS) of $0.64 for the quarter, according to Refinitiv. This estimate is slightly above the company's own guidance of $0.62-$0.68 per share.

Revenue Estimates

Analysts also expect NVIDIA to report revenue of $8.5 billion for the quarter, up from $8.29 billion in the same period last year. This growth is driven by strong demand for the company's gaming and data center graphics processing units (GPUs).

Conference Call

NVIDIA will host a conference call to discuss its earnings results on August 28, 2024, at 5:00 PM EDT. Investors can listen to the call live on the company's website.

Past Earnings Performance

In its previous earnings report, released on May 22, 2024, NVIDIA reported EPS of $0.61, beating analysts' estimates of $0.60. The company also reported revenue of $8.29 billion, in line with analysts' expectations.

Key Metrics to Watch

In addition to EPS and revenue, investors should also pay attention to the following key metrics when NVIDIA reports earnings: * GPU shipments * Average selling price of GPUs * Gross margin * Operating expenses * Net income These metrics will provide insight into the company's performance across its various business segments.