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Nvidia $NVDA Earnings Preview
Earnings Release Details:
Date: November 20, 2024
Time: 4:20 PM EST
Conference Call:
Date: November 21, 2024
Time: 8:00 AM ET
Third Quarter Estimates:
EPS Estimate: $0.75 (Consensus)
Revenue Estimate: $33.39B
YoY EPS Growth: +88%
YoY Revenue Growth: +82.6%
Key Metrics:
Gross Margin: ~65% (Estimated)
Operating Margin: ~50% (Estimated)
Data Center Revenue Contribution: ~70%
Analyst Commentary:
Bullish analysts cite Nvidia’s dominant position in AI and data center markets as key growth drivers, with ongoing momentum in hardware and software platforms for generative AI.
Bulls Say: Nvidia benefits from strong pricing power, bolstered by surging AI demand.
Bears Say: Potential headwinds include regulatory scrutiny and supply chain challenges.
Options Market Outlook:
Implied Stock Move Post-Earnings: ±9.83%
Historical Earnings & Surprises:
Q2 FY2025: Reported $2.65 vs. Estimate $2.59 (+2.32%)
Q1 FY2025: Reported $2.07 vs. Estimate $1.98 (+4.54%)
Q4 FY2024: Reported $1.32 vs. Estimate $1.23 (+7.32%)
Historical Price Reactions:
Last Earnings Day Move: +24.39%
Average Price Move (Last 5 Earnings): ±15.7%
Stock Performance Overview:
YTD Performance: +187%
Trailing 12 Months: +242%
Current Price: $145.01