NVIDIA earnings beat by $0.04, revenue topped estimates

investing.com 28/08/2024 - 20:22 PM

NVIDIA Reports Stellar Q3 Results

Earnings per Share (EPS)
NVIDIA (NASDAQ: NVDA) reported a third quarter EPS of $0.68, which is $0.04 above the analyst estimate of $0.64.

Revenue
Revenue for the quarter reached $30B, outperforming the consensus estimate of $28.68B.

Guidance

NVIDIA projects Q3 2025 revenue to be $32.50B, exceeding the analyst consensus of $31.85B.

Stock Performance

NVIDIA’s stock price closed at $125.61. It has increased by 14.57% over the last 3 months and by 157.48% over the last 12 months.

EPS Revisions

In the last 90 days, NVIDIA experienced 19 positive EPS revisions and 12 negative revisions.

Financial Health

According to InvestingPro, NVIDIA’s Financial Health score is rated as “great performance”.

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