Earnings Preview: NVIDIA's EPS, Revenue Expected to Rise

NVIDIA NVDA announces its next round of earnings this Thursday, August 11, 2011. Here is Benzinga's everything-that-matters guide for this Thursday's second quarter earnings announcement.

Earnings and Revenue:

Analysts are predicting an EPS reading of 25 cents/share and revenues of $1.01 billion. NVIDIA's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 3 cents/share on revenues of $811.2 million. We'll know on Thursday whether NVIDIA has managed the estimated 733.3% increase in EPS and 24.5% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

QuarterQ1Q4Q3Q2
EPS Estimate$0.19$0.21$0.14$0.11
EPS Actual$0.22$0.23$0.15$0.03

Stock Performance:

At last check, shares of NVIDIA were trading at $12.95. Since January 1st, shares of NVIDIA have declined 15.9%.

Average Stock Rating:

The average rating by analysts for NVIDIA is a Hold. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of NVIDIA's peers.
  • Broadcom BRCM: Moderate Buy with a $0.50 recent quarter EPS
  • Intel INTC: Moderate Buy with a $0.59 recent quarter EPS
  • Advanced Micro Devices (AMD): Hold with a $0.09 recent quarter EPS
  • ARM Holdings, plc (ARMH): Hold with a $0.11 recent quarter EPS

NVIDIA is in the semi-general industry, which has experienced price/earnings growth of 0.9%.

Finally, a description of the company's main areas of operation: NVIDIA provides visual computing technologies that generate interactive graphics for computers, mobile devices and gaming consoles.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming NVIDIA earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

  • To see up-to-date news on NVIDIA, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here
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