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Saturday, 04/17/2021 5:26:25 PM

Saturday, April 17, 2021 5:26:25 PM

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Brokerages Expect NVIDIA Co. (NVDA) to Post $3.25 EPS
By: MarketBeat | April 16, 2021

• Equities analysts forecast that NVIDIA Co. (NASDAQ:NVDA) will post earnings of $3.25 per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have issued estimates for NVIDIA's earnings, with estimates ranging from $3.20 to $3.42. NVIDIA posted earnings of $1.80 per share in the same quarter last year, which indicates a positive year over year growth rate of 80.6%. The business is expected to report its next earnings report on Thursday, May 20th.

According to Zacks, analysts expect that NVIDIA will report full year earnings of $13.53 per share for the current financial year, with EPS estimates ranging from $12.18 to $14.20. For the next year, analysts expect that the business will post earnings of $15.13 per share, with EPS estimates ranging from $13.92 to $17.90. Zacks' earnings per share averages are an average based on a survey of sell-side research firms that cover NVIDIA.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Tuesday, February 23rd. The computer hardware maker reported $3.10 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.81 by $0.29. The firm had revenue of $5 billion for the quarter, compared to the consensus estimate of $4.83 billion. NVIDIA had a return on equity of 32.61% and a net margin of 25.89%. During the same quarter in the previous year, the company posted $1.89 EPS.

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