NVIDIA Corp. Delivers a Great Earnings Report
Analysts were expecting graphics-giant NVIDIA (NASDAQ: NVDA) to report $2.36 billion in sales and $0.94 in earnings per share for its most recent quarter. As often seems to be the case for NVIDIA's earnings estimates, they didn't stand a chance: NVIDIA handily crushed expectations, delivering $2.64 billion in revenue and $1.33 in earnings per share.
Image source: NVIDIA.
Let's go over how each of NVIDIA's business segments -- gaming, professional visualization, data center, automotive, and OEM and IP -- did in the quarter.
Source: Fool.com
NVIDIA Corp. Stock
Our community is currently high on NVIDIA Corp. with 295 Buy predictions and 27 Sell predictions.
With a target price of 125 € there is a slightly positive potential of 15.78% for NVIDIA Corp. compared to the current price of 107.96 €.