NVIDIA Corporation (NASDAQ: NVDA) is expected to report its fiscal first-quarter earnings on **May 22, 2024**, after the market closes¹. Here's what you can anticipate:
1. **Revenue**: Wall Street expects Nvidia's fiscal Q1 2024 revenue to be around $7.19 billion, representing a 234% increase year over year. However, the company's guidance for fiscal Q1 2025 is even more impressive, projecting revenue of $24 billion, a 242% increase¹.
2. **Earnings per Share (EPS)**: For the same period, adjusted EPS is estimated to be $1.09, a substantial jump from the previous year. Looking ahead to fiscal Q1 2025, Nvidia's guidance suggests an adjusted EPS of $5.41, reflecting a remarkable 411% increase¹.
Given Nvidia's strong recent performance, expectations are high. To drive the stock price higher, the company will likely need to comfortably beat Wall Street's estimates and provide optimistic guidance for the next quarter¹. Keep an eye out for the official report to see how Nvidia fares! 🚀📈
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1. **Revenue**: Wall Street expects Nvidia's fiscal Q1 2024 revenue to be around $7.19 billion, representing a 234% increase year over year. However, the company's guidance for fiscal Q1 2025 is even more impressive, projecting revenue of $24 billion, a 242% increase¹.
2. **Earnings per Share (EPS)**: For the same period, adjusted EPS is estimated to be $1.09, a substantial jump from the previous year. Looking ahead to fiscal Q1 2025, Nvidia's guidance suggests an adjusted EPS of $5.41, reflecting a remarkable 411% increase¹.
Given Nvidia's strong recent performance, expectations are high. To drive the stock price higher, the company will likely need to comfortably beat Wall Street's estimates and provide optimistic guidance for the next quarter¹. Keep an eye out for the official report to see how Nvidia fares! 🚀📈
***** this note was brought to you from the power of Microsoft Copilot *****
