Nvda Earnings Countdown

NVIDIA's Earnings Report Due on 05/22/2024

Key Highlights

NVIDIA Corporation (NASDAQ: NVDA) is expected to report its financial results for the fourth quarter and fiscal year 2024 after the market closes on May 22, 2024.

Strong Growth Continues

Analysts anticipate that NVIDIA will continue its impressive growth trajectory, with consensus estimates predicting record quarterly revenue of $22.1 billion, an increase of 64% year-over-year. Additionally, net income is projected to surge by 77% to $12.3 billion.

Market Reaction

In pre-market trading, NVIDIA shares have experienced a slight decline, retreating from their recent highs. However, the long-term outlook for the company remains positive, with investors eagerly awaiting the earnings report for further updates on its financial performance and industry outlook.