NVIDIA Earnings Report Scheduled for February 25
NVIDIA Corporation (NVDA) will release its fourth quarter earnings on February 25, 2023, after market close. The company, with a market capitalization of $4.6 trillion, is significant in the AI technology sector due to its production of vital graphics processing units (GPUs).
Zacks Consensus Estimates predict NVIDIA’s sales will reach $65.56 billion, indicating a 66.68% increase year-over-year. Furthermore, earnings per share (EPS) are expected to grow to $1.52, a 70.79% rise from the previous year.
Market analysts will closely monitor CEO Jensen Huang’s comments regarding continued demand for NVIDIA products, particularly its ‘Blackwell’ chips, and insights into AI spending from major partners like Microsoft and Meta Platforms.
