Nvidia (NVDA) Surpasses Q4 Earnings and Revenue Estimates

Core Insights - Nvidia reported quarterly earnings of $0.89 per share, exceeding the Zacks Consensus Estimate of $0.84 per share, and up from $0.52 per share a year ago [1] - The company achieved revenues of $39.33 billion for the quarter, surpassing the Zacks Consensus Estimate by 4.26%, compared to $22.1 billion in the same quarter last year [3] Earnings Performance - The earnings surprise for the quarter was 5.95%, following a previous surprise of 8% in the last quarter [2] - Nvidia has consistently surpassed consensus EPS estimates over the last four quarters [2] Revenue Performance - The company has also topped consensus revenue estimates four times in the last four quarters [3] Stock Performance - Nvidia shares have declined approximately 5.7% since the beginning of the year, while the S&P 500 has gained 1.3% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.90, with expected revenues of $41.06 billion, and for the current fiscal year, the estimate is $4.22 on $188.81 billion in revenues [8] - The Zacks Rank for Nvidia is currently 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The Semiconductor - General industry, to which Nvidia belongs, is currently ranked in the top 21% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [9]