Nvidia Earnings Report: Potential Market Impact and Growth Forecast

Nvidia is about to report its earnings and it could break the entire market. Nvidia will report its earnings on Wednesday after the market close, and it’s now such a big part of the entire market that it could bring down everything with it if the company doesn’t meet expectations. As of right now, analysts are expecting a revenue of $25.6 billion. If this is correct, the company revenue would be up 90% year over year, but down 1.5% quarter over quarter order. Which would not be good because it would end their streak of massive growth and be the first time their revenue shrunk quarter over quarter since 2022. Analysts are also forecasting an EPS of ¢57 per share, or a net profit of $15.1 billion, up 7.4 x year over year and 2% quarter over quarter. If Nvidia simply meets these estimates, the stock could still go down because of slowing growth on the top and bottom lines. However, on the bright side, Nvidia historically crushes earnings estimates by 10% or more, so what would seem like a low forecast could actually be an easy target for the company to massively beat expectations. And you can see more companies financials on quarterchart.com.