6/3/2023 0 Comments Next nvda earnings dateFollowing Earnings result, share price were UP 31 times out of last 50 Qtrs. In turn, its adjusted EPS climbed 49% to $1.36. Below table tells us that how NVDA has been historically reacting after Earnings Announcement (EA). Its non-GAAP operating income increased 55% from the prior-year quarter to $3.96 million. This significant growth was driven by an 83% rise in data center sales to $3.75 billion and a 31% increase in gaming revenue to $3.62 billion. Earnings ESP (Expected Surprise Prediction) is Zacks proprietary methodology for determining which stocks have the best. NVDA's revenue has increased 46% year-over-year to $8.29 billion in the third quarter, ended May 1, 2023. The company blamed diminished revenue in Russia and COVID-19-related production shutdowns in China. In addition, the stock was down nearly 5.5% in late trading yesterday after the chipmaker issued a softer-than-expected outlook for the July quarter. Look out for NVDAs next earnings release expected on November 16, 2022. While the company's shares are up 8.5% in price over the past year, the stock is down 42.3% year-to-date, closing yesterday's trading session at $169.75. This reflects a negative earnings surprise of 8.93. Its products are used in gaming devices, data centers, and automobiles. The company operates in two segments: Graphics and Computing and Networking. ![]() Santa Clara, Calif.-based NVIDIA Corporation ( NVDA ) is a leading semiconductor and networking solutions firm located in the United States. So, let's evaluate if it is worth betting on the stock now. The next expected annoucement date for quarterly earnings is, with an average estimated earnings per share of 0.45 for the fiscal quarter ending. Despite posting impressive third-quarter earnings results, semiconductor chipmaker NVIDIA's (NVDA) shares plunged nearly 5% in price in late trading yesterday, owing to its weaker-than-expected outlook for the coming quarter. On, NVIDIA Corporation (NVDA) announced earnings per share of 0.32 for the fiscal quarter ending, missing the average analyst estimate of 0.33.
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