Chip maker Nvidia Corporation (NASDAQ: NVDA) will be reporting fourth-quarter 2024 earnings today at 4:20 p.m. ET, after delivering blockbuster results in the previous quarter.
Listen to Nvidia’s Q4 2024 earnings call live and read the real-time transcript
Analysts predict a multi-fold increase in Q4 adjusted earnings to $4.3 per share from last year’s $0.88 per share. The market is looking for revenues of $19.14 billion for the January quarter, compared to $6.05 billion in Q4 2023.
In the third quarter, adjusted earnings increased sharply to $4.02 per share from $0.58 per share in the same period of 2023 and exceeded estimates. On a reported basis, net income was $9.24 billion or $3.71 per share, vs. $680 million or $0.27 per share a year earlier. Revenues more than doubled to $18.12 billion in the October quarter.