#Nvda earnings report 2022 professional
#Nvda earnings report 2022 series
#Nvda earnings report 2022 free

Per our model, Commercial Metals ( CMC Quick Quote CMC - Free Report), Dynagas LNG Partners ( DLNG Quick Quote DLNG - Free Report) and The Kroger Company ( KR Quick Quote KR - Free Report) have the right combination of elements to post an earnings beat in their upcoming releases.Ĭommercial Metals sports a Zacks Rank #1 and has an Earnings ESP of +38.66%. Other Stocks With the Favorable Combination You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is the case here.Ĭurrently, NVIDIA carries a Zacks Rank of 3 and has an Earnings ESP of +2.57%. Our proven model predicts an earnings beat for NVDA this time. However, disruptions in retail channel sales due to travel restrictions and social-distancing measures implemented by governments worldwide to contain the spread of COVID-19 might have partially offset the benefits of the solid demand for the remote-working and online-learning hardware infrastructure.

#Nvda earnings report 2022 professional

While Professional Visualization trends are expected to have continued in the first quarter of fiscal 2023, the Automotive segment is anticipated to have showcased some recovery from supply constraints. This growth mainly resulted from the increased sale of notebook workstation graphics processing units (“GPUs”) and the ramp-up of Ampere architecture GPUs. Professional Visualization’s revenues jumped a whopping 109.4% year over year in the first quarter. The Automotive segment’s revenues plunged 13.8% year over year in the first quarter of fiscal 2023, primarily due to component supply constraints. An increase in the Hyperscale demand and the growing adoption in the inference market are likely to have been tailwinds during the to-be-reported quarter.įurthermore, the company’s Automotive and Professional Visualization divisions had shown an improvement in trends in three of the last four quarters. The continued strength in its data-center business on the growing adoption of cloud-based solutions amid the pandemic-induced work-from-home wave is expected to have boosted NVDA’s first-quarter revenues.

#Nvda earnings report 2022 series

A series of blockbuster AAA titles, which pledged support for NVIDIA RTX ray-tracing technology, might have been an upside as well. NVIDIA’s growth opportunities in ray-traced gaming, rendering, high-performance computing and AI are likely to have been driving factors during the period in discussion. NVIDIA Corporation price-eps-surprise | NVIDIA Corporation Quote Factors to Consider No cash balance or cash flow is included in the calculation.NVIDIA Corporation Price and EPS Surprise

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