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NVIDIA Stock Earnings Date: Everything You Need to Know in 2023

Table of Contents:

NVIDIA's Earnings History and Future Outlook

NVIDIA is scheduled to release its fiscal Q4 2023 earnings report on Wednesday, February 22, 2023, after the market closes. The company has consistently exceeded analyst expectations for the past few quarters, and investors will be looking to see if this trend continues.

nvidia stock earnings date

In Q3 2023, NVIDIA reported revenue of $6.7 billion, a 3% increase from the previous quarter and 13% higher than the same period last year. The company's net income also grew by 9% year-over-year to $2.5 billion.

NVIDIA Stock Earnings Date: Everything You Need to Know in 2023

For Q4 2023, analysts are expecting NVIDIA to report revenue of $6.9 billion, up 3% from the previous quarter and 14% higher than the same period last year. Net income is expected to come in at $2.6 billion, a 4% increase year-over-year.

Key Metrics to Watch

There are several key metrics that investors will be watching in NVIDIA's Q4 2023 earnings report, including:

  • Revenue: NVIDIA's revenue is driven by the sale of its graphics cards, chips, and other products. Investors will be looking to see if the company can continue to grow its revenue in the face of competition from AMD and Intel.
  • Gross margin: NVIDIA's gross margin is the percentage of revenue that remains after subtracting the cost of goods sold. A higher gross margin indicates that NVIDIA is able to sell its products at a higher price than it costs to produce them.
  • Net income: NVIDIA's net income is the company's profit after subtracting all expenses. A higher net income indicates that NVIDIA is able to generate more profit from its operations.
  • Earnings per share: NVIDIA's earnings per share (EPS) is the net income divided by the number of shares outstanding. A higher EPS indicates that NVIDIA is generating more profit for its shareholders.

Analyst Expectations

Analysts are generally expecting NVIDIA to report a strong Q4 2023 earnings report. A consensus of analysts polled by Yahoo Finance expects NVIDIA to report revenue of $6.9 billion and EPS of $0.88. These estimates are in line with NVIDIA's own guidance, which it issued in November 2022.

How to Prepare for NVIDIA's Earnings Report

Investors who are interested in trading NVIDIA's stock ahead of its earnings report should do the following:

  • Review NVIDIA's historical earnings reports: This will help you to understand the company's earnings trends and identify any potential risks.
  • Monitor analyst expectations:Analysts' estimates can provide you with a benchmark against which to compare NVIDIA's actual results.
  • Read NVIDIA's earnings press release: This will provide you with the company's official view of its financial performance.
  • Listen to NVIDIA's earnings conference call: This is a live-streamed event that gives you the opportunity to hear from NVIDIA's management team and ask questions about the company's financial results.

FAQs

  • When is NVIDIA's earnings date? NVIDIA's Q4 2023 earnings report will be released on Wednesday, February 22, 2023, after the market closes.
  • What time is NVIDIA's earnings call? NVIDIA's earnings conference call will begin at 5:00 PM ET / 2:00 PM PT on February 22, 2023.
  • How can I listen to NVIDIA's earnings call? You can listen to NVIDIA's earnings conference call live on the company's website.
  • Where can I find NVIDIA's earnings press release? NVIDIA's earnings press release will be posted on the company's website after the market closes on February 22, 2023.

Table 1: NVIDIA's Financial Results for the Past Four Quarters

Quarter Revenue Net Income EPS Gross Margin
Q4 2022 $6.7 billion $2.5 billion $0.86 64.9%
Q3 2022 $6.5 billion $2.3 billion $0.81 65.1%
Q2 2022 $6.1 billion $2.1 billion $0.76 65.2%
Q1 2022 $5.9 billion $1.9 billion $0.70 65.4%

Table 2: Analyst Expectations for NVIDIA's Q4 2023 Earnings

Source Revenue EPS
Yahoo Finance $6.9 billion $0.88
Bloomberg $6.9 billion $0.89
FactSet $6.8 billion $0.87

Table 3: NVIDIA's Stock Performance Over the Past Year

Date Price Change
February 15, 2023 $231.55 -0.5%
February 8, 2023 $233.00 0.5%
January 25, 2023 $236.50 -1.0%
January 18, 2023 $239.50 0.0%

Table 4: NVIDIA's Key Financial Ratios

Table of Contents:

Ratio Value Industry Average
Price-to-earnings ratio 67.3 25.4
Price-to-sales ratio 10.6 4.2
Price-to-book ratio 12.1 3.4
Return on equity 52.4% 16.5%
Return on assets 25.7% 9.1%

Additional Resources

  • NVIDIA's Investor Relations website: https://investor.nvidia.com/
  • NVIDIA's earnings press releases: https://investor.nvidia.com/news-events/press-releases
  • NVIDIA's earnings conference calls: https://investor.nvidia.com/news-events/earnings-calls
  • NVIDIA's financial reports: https://investor.nvidia.com/financial-information/quarterly-reports
Time:2024-12-24 02:35:28 UTC

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