what is the date for next nvda earnings report

Our proprietary surprise prediction model - the Zacks Earnings ESP (Expected Surprise Prediction) - has this insight at its core. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.Įstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Revenues are expected to be $6.83 billion, up 44.5% from the year-ago quarter. This maker of graphics chips for gaming and artificial intelligence is expected to post quarterly earnings of $1.11 per share in its upcoming report, which represents a year-over-year change of +52.1%. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. On the other hand, if they miss, the stock may move lower. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 17. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Nvidia (NVDA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2021.

What is the date for next nvda earnings report