783 employees have rated NVIDIA Chief Executive Officer Jen-Hsun Huang on Glassdoor.com. Jen-Hsun Huang has an approval rating of 99% among the company’s employees. This puts Jen-Hsun Huang in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates. Sign-up to receive the latest news and ratings for NVIDIA and its competitors with MarketBeat’s FREE daily newsletter.

Investors are just getting started with these smoking-hot numbers. Right now, NVDA stock trades at a price/earnings-to-growth (PEG) ratio of 12.23 times. Per Investopedia, the PEG ratio represents a valuation measure whereby a value of 1 represents a perfect correlation between a firm’s market value and its projected earnings growth. That’s what the Zacks Focus List, a portfolio of 50 stocks, offers investors.

The above represents a good strategy which allows traders to benefit from highly volatile price movements during an NVDA earnings call. Caution is necessary when executing the strategy because success is not guaranteed. “Our Data Center business continues to expand, as the world’s industries take up NVIDIA AI to process computer vision, conversational AI, natural language understanding and recommender systems. NVIDIA RTX has reinvented computer graphics and is driving upgrades across the gaming and design markets.

• There’s no disputing that Nvidia will benefit from the demand for artificial intelligence (AI) chips.
• NVIDIA has not confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 15th, 2023 based off last year’s report dates.
• NVIDIA paid quarterly cash dividends of $99 million in the first quarter.
• As reported by Barron’s, the analyst team led by Matthew Ramsay upheld their Outperform rating on Nvidia.

The ex-dividend date of this dividend is Wednesday, September 6th. The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023. NVIDIA was founded in 1993 by three friends and is headquartered in Santa Clara, California. The company was intended to focus on chips for the budding gaming and entertainment is forex.com a brokerage firm we can trust industry that was spawned by the rise of the personal computer and the Internet. At the time of its founding, there were less than 30 graphics-focused independent operators and that figure would more than double over the next few years. The fabless chipmaker pioneered graphics processing units, or GPUs, to make video games more realistic.

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By buying Focus List stocks, then, you’re likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum. The detailed multi-page Analyst report does an even deeper dive on the company’s vital statistics. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Today, NVIDIA Corporation is the only remaining independently operating graphics-focused microchip company in operation.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call. NVIDIA will pay its next quarterly cash dividend of $0.04 per share on March 29, 2023, to all shareholders of record on March 8, 2023. The bottom line is, if you’re currently profitable as an NVDA stockholder, consider taking profits before Aug. 23.

• Nvidia’s shares were ascending by 0.8% to $461.50 during pre-market trading.
• With NVDA stock gaining well over 200% since the start of the year and with such a performance not being unreasonable within the rarefied category, the July 24 announcement came as no surprise.
• The company provided earnings per share guidance of for the period.
• At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
• Fabless companies design the hardware while outsourcing the manufacturing to a third-party firm.
• When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Their results are not typical and your experience will vary based upon your effort, education, business model, and market forces beyond our control. To receive notifications via email, enter your email address and select at least one subscription below. You must click the link in the email to activate your subscription. The fabless chipmaker is expanding in other growth areas, such as automated electric cars and cloud gaming, as well. The adoption of the metaverse and cryptocurrencies could further stoke demand for Nvidia chips. Currently, the fabless group ranks No. 37 out of 197 industry groups.

Upcoming NVDA Earnings Date

With so much hope and hype surrounding Nvidia today, the company will have to over-deliver in its upcoming earnings report. Nvidia has a high bar to clear as analysts predict Q earnings of $2.08 per share. To provide some perspective, what is capital markets in the first quarter, Nvidia earned $1.09 per share. Moreover, in 2022’s second quarter, the company only earned 51 cents per share. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Price & Consensus

Back then, the market was hyped up about the rise of the internet, much like investors are ultra-bullish about AI today. As earnings season presses forward, Nvidia has high expectations to live up to. It would be a shame if overeager investors lost their shirts because Nvidia couldn’t meet the Street’s lofty expectations. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It’s packed with all of the company’s key stats and salient decision making information.

NVIDIA Corporation (NVDA) Earnings Date, History & Report

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. SE is not a financial adviser and does not provide any individualized investment advice. Readers are advised that this publication is issued solely for informational purposes and should not be construed as an offer to sell or the solicitation of an offer to buy any security.

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Analyze the earnings history of NVIDIA using advanced sorting and filters. Please log in to your account or sign up in order to add this asset to your watchlist.

Cumulatively, the portfolio has returned 2,519.23% while the S&P returned 854.95%. Returns are for the period of February 1, 1996 to March 31, 2021. Enter your email address below to receive our daily newsletter that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

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However, Nvidia’s second-quarter guidance for both the top and bottom lines came in lower than analysts had been expecting. Management was likely being more conservative than usual given the challenging macroeconomic environment. The current global environment is characterized by high inflation, slowing economic growth, and supply chain tokenexus review bottlenecks stemming mainly from the pandemic. Moreover, analysts are expecting NVDA’s earnings to grow 219.5% for the current fiscal year. This is a long-term portfolio of top stocks that have all the traits to beat the market. The most recent change in the company’s dividend was an increase of $0.0025 on Friday, February 15, 2019.

When is NVIDIA (NASDAQ:NVDA) reporting earnings?

The information services provider reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.12. The firm had revenue of $74.60 billion for the quarter, compared to the consensus estimate of $72.85 billion. Alphabet has generated $4.72 earnings per share over the last year ($4.72 diluted earnings per share) and currently has a price-to-earnings ratio of 29.4. Earnings for Alphabet are expected to grow by 18.49% in the coming year, from $5.68 to $6.73 per share.