For the quarter ended October 2024, Nvidia (NVDA) reported income of $35.08 billion, up 93.6% over the identical interval final 12 months. EPS got here in at $0.81, in comparison with $0.40 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $33.33 billion, representing a shock of +5.27%. The corporate delivered an EPS shock of +8.00%, with the consensus EPS estimate being $0.75.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s value efficiency extra precisely.
Right here is how Nvidia carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Income- Gaming: $3.28 billion versus the nine-analyst common estimate of $3.06 billion. The reported quantity represents a year-over-year change of +14.8%.
- Income- Skilled Visualization: $486 million versus $493.15 million estimated by 9 analysts on common. In comparison with the year-ago quarter, this quantity represents a +16.8% change.
- Income- Information Middle: $30.77 billion versus $28.90 billion estimated by 9 analysts on common. In comparison with the year-ago quarter, this quantity represents a +112% change.
- Income- OEM and Different: $97 million in comparison with the $87.28 million common estimate primarily based on 9 analysts. The reported quantity represents a change of +32.9% 12 months over 12 months.
- Income- Automotive: $449 million versus $360.82 million estimated by 9 analysts on common. In comparison with the year-ago quarter, this quantity represents a +72% change.
- Income- Information Middle- Laptop: $27.64 billion versus $24.75 billion estimated by two analysts on common.
- Income- Information Middle- Networking: $3.13 billion versus $4 billion estimated by two analysts on common.
View all Key Company Metrics for Nvidia here>>>
Shares of Nvidia have returned +2.4% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory at the moment has a Zacks Rank #1 (Robust Purchase), indicating that it might outperform the broader market within the close to time period.
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NVIDIA Corporation (NVDA) : Free Stock Analysis Report
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