Finance & Business

NVIDIA’s Q4 Revenue Expected to Surge 72% to $38 Billion

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NVIDIA Logo

NVIDIA is set to announce its fiscal fourth-quarter earnings on February 26, with analysts predicting a remarkable 72.1% increase in revenue, potentially reaching $38 billion.

The company is expected to achieve a gross margin of 73.5%, with earnings per share (EPS) projected to rise by 63.5% to $0.84.

Historically, NVIDIA has consistently surpassed its revenue guidance by about $2 billion each quarter, often followed by an upward revision of its future outlook.

In the last quarter, NVIDIA guided revenue at $16 billion but reported $18.12 billion, later increasing its Q1 2024 guidance to a midpoint of $20 billion.

For the current quarter, analysts suggest that revenue could approach $40 billion, with guidance in the $42.5 billion range. Some forecasts for the April quarter estimate revenue around $41.751 billion.

To exceed market expectations and typical post-earnings reactions, NVIDIA would need to report revenue over $40 billion and guidance above $43 billion.

Written by
Sazid Kabir

I've loved music and writing all my life. That's why I started this blog. In my spare time, I make music and run this blog for fellow music fans.

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