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.