Nvidia Earnings Report Set for May 20
Nvidia (NASDAQ: NVDA) is set to report its fiscal 2027 first-quarter earnings on May 20, 2024, after the closing bell. The company projects a revenue of $78 billion, representing a 77% year-over-year increase, along with a gross margin of over 74%. Nvidia has consistently outperformed earnings estimates over the past four quarters, making this upcoming report a pivotal moment for investors.
Stock Performance Insights
Over the past five years, Nvidia’s stock has surged 1,500%, driven by its dominance in the AI chip market and high profitability. The company’s recent first-quarter earnings reports have historically resulted in positive stock movements: following previous reports, Nvidia’s stock increased by 23% on May 24, 2023, 20% on May 22, 2024, and 5.2% on May 28, 2025. Investors are optimistic for a similar outcome this year.
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