Nvda Earnings Forecast

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Nvidia Earnings Preview: Wall Street Anticipates Strong Q2 Performance

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Earnings Expectations

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Wall Street analysts are projecting a substantial increase in Nvidia's fiscal Q2 adjusted earnings per share (EPS), with an estimated 137% year-over-year surge to $0.64.

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This positive outlook is based on Nvidia's recent earnings performance. In the last reported quarter, the company exceeded analysts' expectations, posting an EPS of $0.61 against a consensus estimate of $0.55, representing a 10.9% surprise.

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Key Factors Driving Growth

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Several key factors are contributing to Nvidia's anticipated strong Q2 performance:

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• Sustained demand for AI and data center products: Nvidia's GPUs are essential for AI training and inference workloads, driving growth in the cloud computing market.
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• Continued momentum in gaming: The company's gaming business is expected to remain strong as gamers upgrade to newer graphics cards.
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• Positive industry trends: The overall technology sector is experiencing robust growth, benefiting Nvidia's semiconductor business.
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Analyst Estimates and Recommendations

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Analysts have provided a range of estimates for Nvidia's Q2 financials:

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• EPS: Analysts' consensus estimate is $0.64, with estimates ranging from $0.61 to $0.67.
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• Revenue: Analysts expect revenue to reach $8.12 billion, with estimates ranging from $7.95 billion to $8.29 billion.
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The majority of analysts have a "Buy" or "Hold" recommendation for Nvidia stock.

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