Get ready to discover the eagerly anticipated second quarter financial results of NVIDIA (NASDAQ: NVDA) on Wednesday 28th August 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company’s financial performance.
the firm is expected to report an estimated per share $0.57 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $25.73 billion during this period.
During the same quarter of the previous year, the company’s earnings report indicated a per-share income of $0.27. This noteworthy figure was a direct outcome of the company’s total revenue, which reached an impressive $13.51 billion during that specific period.
Wall Street analysts have provided their insights on the company’s performance for the year, forecasting a total revenue of $109.09 billion. Additionally, they anticipate the earnings per share to reach profit of $2.46 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2025 | $0.61 | -44.0% | 26.04 B | +262.1% |
| Q4 2024 | $0.52 | -40.9% | 22.10 B | +265.3% |
| Q3 2024 | $0.40 | -31.0% | 18.12 B | +205.5% |
| Q2 2024 | $0.27 | -47.1% | 13.51 B | +101.5% |
*Growth on year-over-year basis
NVDA has scheduled a conference call on 28th August 2024 at 05:00 PM eastern time to discuss the second quarter financial results and other related information.
NVIDIA (NVDA) closed Friday’s regular trading session at $129.37, reflecting a 4.55 percent gain. During the day, NVDA shares traded between $125.22 and $129.60, with a day volume of 311.54 million shares.
