When Does Nvidia Report Earnings and Why Should You Care?

As an investor, knowing when Nvidia reports earnings each quarter and why those reports matter is key to monitoring the health of this leading technology company.

Nvidia sits at the epicenter of several high-growth tech sectors, from artificial intelligence to cloud computing to autonomous vehicles. The chipmaker‘s financial results offer rare insight into the strength of the overall tech landscape.

So when Nvidia stumbles, it sometimes foreshadows wider weakness in the market. Similarly, standout earnings from Nvidia can lift industry sentiment. That‘s why understanding their detailed earnings calendar allows you to be an informed investor.

When Will Nvidia Share its Next Earnings Report?

Nvidia‘s upcoming earnings release on February 22, 2023 will detail financial results from the fourth quarter of its 2023 fiscal year ending January 29. As an investor, this data offers visibility into how Nvidia closed a turbulent 2022 amid broader economic uncertainty.

The report will likely drop shortly after the stock market closes at 4 PM Eastern, the company‘s customary scheduling. Nvidia‘s earnings calls are always widely anticipated events, but especially so this time given the stock‘s 50% plunge over the last year.

Here is Nvidia‘s Recent Earnings History:

Analyzing Nvidia‘s quarterly earnings data from the past 5 years shows how dramatically its business growth accelerated through early 2022 before declining over the last two quarters:

QuarterDate ReportedRevenueEarnings Per Share
Q3 2023November 16, 2022$5.9 billion$0.58
Q2 2023August 24, 2022$6.7 billion$0.51
Q1 2023May 25, 2022$8.1 billion$0.88
Q4 2022February 16, 2022$7.6 billion$1.32
Q3 2022November 17, 2021$7.1 billion$1.17

Revenue climbed 15% and earnings spiked over 40% through the first half of 2022. But as you can see, the tide shifted the past two quarters with declining sales and profits.

Now the question is whether Nvidia‘s business stabilized as 2022 closed. Their forthcoming Q4 results will provide important clues around what we can expect in 2023.

When Will We Hear from Nvidia Next?

Historically Nvidia announced earnings on the following cadence:

  • Q1: mid to late May
  • Q2: third week of August
  • Q3: mid November
  • Q4: mid February

Applying this pattern suggests Nvidia‘s next three earnings dates will occur on:

  • Q1 2024 Earnings: Wednesday, May 24, 2023
  • Q2 2024 Earnings: Wednesday, August 23, 2023
  • Q3 2024 Earnings: Wednesday, November 15, 2023

As always though, keep an eye out in case they announce any date changes!

Why Earnings Force Companies to Show All Their Cards

Publicly traded companies like Nvidia have regulatory requirements to share these exhaustive financial updates every fiscal quarter. Legally they cannot hide anything during earnings season!

The reports offer transparency for investors around metrics like:

  • Revenue: Total sales
  • EPS: Profits earned per share outstanding
  • Margins: The percentage of revenue converting into profits
  • Guidance: Management‘s forecast for next quarter

Monitoring trends in these numbers provides insight into the company‘s operational health. You‘ll often see stock volatility around earnings as the results surprise (or disappoint) investors against expectations.

So by comprehending exactly when earnings land on the calendar, you position yourself to make informed investment decisions tied to Nvidia‘s business performance.

When the Q4 2022 figures emerge later this month showing revenue topping $6 billion again with rising profits, you‘ll have the context to understand Nvidia‘s growth trajectory as we progress through 2023!

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