![]() ![]() EPS of $1.36 for the same period compares with $0.92 a year ago.Ĭompared to the Zacks Consensus Estimate of $8.12 billion, the reported revenues represent a surprise of +2.09%. Nvidia reported revenues of $8.29 billion in the last reported quarter, representing a year-over-year change of +46.4%. Last Reported Results and Surprise History The $33.68 billion and $37.78 billion estimates for the current and next fiscal years indicate changes of +25.1% and +12.2%, respectively. In the case of Nvidia, the consensus sales estimate of $8.12 billion for the current quarter points to a year-over-year change of +24.8%. Therefore, knowing a company's potential revenue growth is crucial. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. This estimate has changed -1% over the last 30 days.ġ2-month consensus EPS estimate for NVDA _12MonthEPSChartUrlĮven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. The consensus earnings estimate of $5.39 for the current fiscal year indicates a year-over-year change of +21.4%. The Zacks Consensus Estimate has changed -2.2% over the last 30 days. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.įor the current quarter, Nvidia is expected to post earnings of $1.26 per share, indicating a change of +21.2% from the year-ago quarter. ![]() ![]() A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. And if earnings estimates go up for a company, the fair value for its stock goes up. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. ![]()
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