NVIDIA (NVDA) Tops Q4 EPS by 29c, Guidance Beats

February 24, 2021 4:22 PM EST
Get Alerts NVDA Hot Sheet
Price: $614.42 +1.25%

Revenue Growth %: +60.8%

Financial Fact:
Revenue: 2B

Today's EPS Names:
UFPI, TCBI, SAVE, More
Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

NVIDIA (NASDAQ: NVDA) reported Q4 EPS of $3.10, $0.29 better than the analyst estimate of $2.81. Revenue for the quarter came in at $5 billion versus the consensus estimate of $4.82 billion.

GUIDANCE:

NVIDIA sees Q1 2022 revenue of $5.3 billion, versus the consensus of $4.51 billion.

  • Revenue is expected to be $5.30 billion, plus or minus 2 percent.
  • GAAP and non-GAAP gross margins are expected to be 63.8 percent and 66.0 percent, respectively, plus or minus 50 basis points.
  • GAAP and non-GAAP operating expenses are expected to be approximately $1.67 billion and $1.20 billion, respectively.
  • GAAP and non-GAAP other income and expense are both expected to be an expense of approximately $50 million.
  • GAAP and non-GAAP tax rates are both expected to be 10 percent, plus or minus 1 percent, excluding any discrete items. GAAP discrete items include excess tax benefits or deficiencies related to stock-based compensation, which are expected to generate variability on a quarter-by-quarter basis.

For earnings history and earnings-related data on NVIDIA (NVDA) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance, Hot Earnings, Hot Guidance

Related Entities

Earnings