What Happened?
Nvidia is set to report its fourth-quarter results on 26 February 2025 (US time), after the market close. The earnings announcement is a key event that will be closely monitored by market observers and investors. As the leading artificial intelligence (AI) enabler over the past three years, Nvidia has enjoyed an impressive share price rally, reflecting strong investor confidence. However, new developments in the AI space have raised questions about its dominance.
What are market expectations for Nvidia's earnings?
Based on consensus estimates as of 24 February, analysts are expecting as sharp increase in Nvidia's fourth quarter revenue and earnings per share:
Revenue is expected to be USD 38.15 billion, representing a 73% year-over-year increase.
Earnings per share (EPS) is expected to be USD 0.85, representing a 63% year-on-year increase.
Source: Yahoo Finance as of 24 Feb 2025 Source: Yahoo Finance as of 24 Feb 2025...