NVIDIA to Report Earnings on May 22, 2024
Earnings Call Scheduled for 2:00 PM EST
NVIDIA Corporation (NASDAQ: NVDA) is expected to report its financial results for the first quarter of fiscal year 2025 on Tuesday, May 22, 2024, after the market close. The company will host an earnings call with analysts and investors at 2:00 PM EST on the same day.
Analysts' Expectations
Analysts are expecting NVIDIA to report revenue of $26.0 billion and earnings per share (EPS) of $1.28 for the quarter. This would represent a 12.6% increase in revenue and a 15.4% increase in EPS compared to the same period last year.
NVIDIA's earnings report will be closely watched by investors as the company is expected to provide an update on its business outlook for the rest of the year. NVIDIA has been benefiting from strong demand for its graphics processing units (GPUs), which are used in gaming, data centers, and artificial intelligence applications. However, the company is also facing headwinds from the global economic slowdown and the ongoing shortage of semiconductors.
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