Nvidia Guided to $91 Billion. Wall Street Penciled In $92 Billion.
The two numbers are about $1 billion apart. What the chipmaker's guide assumes about China and margins says more than the gap does.
Overview
Nvidia(NASDAQ:NVDA) reports results for its fiscal 2027 second quarter (the period ended July 26) next Wednesday, Aug. 26. The company's own guidance, issued back in May, calls for revenue of $91.0 billion, plus or minus 2%.
Wall Street's average estimate sits near $91.9 billion, based on the 42 analyst estimates compiled by Yahoo! Finance, with adjusted earnings pegged near $2.08 per share. That's a gap of about $1 billion on a $91 billion base.
Details
And I think the small size of that gap is the most interesting number in the whole setup.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.