The company has topped consensus revenue estimates four times over the last four quarters. This compares to year-ago revenues of $3.87 billion. Nvidia, which belongs to the Zacks Semiconductor - General industry, posted revenues of $6.51 billion for the quarter ended July 2021, surpassing the Zacks Consensus Estimate by 2.57%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. A quarter ago, it was expected that this maker of graphics chips for gaming and artificial intelligence would post earnings of $0.82 per share when it actually produced earnings of $0.92, delivering a surprise of 12.20%. This quarterly report represents an earnings surprise of 2.97%. These figures are adjusted for non-recurring items.
This compares to earnings of $0.55 per share a year ago. Nvidia ( NVDA Quick Quote NVDA - Free Report) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.01 per share.
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