In each of its last five consecutive quarters Nvidia has beaten EPS and Sales estimates plus also raised guidance for the next quarter. Will it be the same this time?
Wall Steet expects revenues of USD 24.69 billion and this forecast has increased by 2.6% in the last two weeks - see Figure 1. On May 8 this year the consensus revenue amounted to USD 24.07 billion (see the table at the bottom of the chart).
The forecast for the next quarter (Nvidia will provide guidance for the next quarter) is USD 26.82 billion (an increase of only 0.8% since May 8).
Wall Street expects earnings of $5.65 per share (adjusted (non-GAAP) diluted EPS).
More of my analyzes about Nvidia at this link: https://jamkaglobal.com/mag8#mag8
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