Nvidia Corporation (NVDA) will release its fiscal Q2 2027 earnings on Aug. 26 after the close of markets. The stock is heading into the confessional on a relatively calm note, down 3.33% over the last five days and trading 8.5% below the record highs it hit in May, days before its Q1 earnings report. Nvidia's Q1 earnings were the "usual" stuff, with earnings blowing past estimates and the company's own guidance. The Q2 forecast also came in ahead of Wall Street's estimates, but NVDA stock closed in the red despite a strong performance.
Consensus estimates call for Nvidia's Q2 revenues to nearly double year-over-year (YOY) to $92.01 billion. Nvidia has forecast Q2 revenues at $91 billion, plus or minus 2%, and the current estimates are toward the upper end of the company's guidance. As for the bottom line, ******* ysts expect Nvidia's Q2 earnings per share (EPS) to more than double to $2.01. Nvidia does not provide EPS guidance but forecasted GAAP gross margins between 74.4% and 75.4%.
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#earnings #estimates #guidance #forecast
Consensus estimates call for Nvidia's Q2 revenues to nearly double year-over-year (YOY) to $92.01 billion. Nvidia has forecast Q2 revenues at $91 billion, plus or minus 2%, and the current estimates are toward the upper end of the company's guidance. As for the bottom line, ******* ysts expect Nvidia's Q2 earnings per share (EPS) to more than double to $2.01. Nvidia does not provide EPS guidance but forecasted GAAP gross margins between 74.4% and 75.4%.
Third Point Starts to Raise Alarm Bells on Broadcom After Dumping AVGO Stock in Q2
Nvidia Q2 Preview: Strong Earnings and Low Valuation Set the Stage for Upside
A $28.7 Billion Reason to Buy SK hynix Stock Now
#earnings #estimates #guidance #forecast
1 day ago