Nvidia Beat Fourth Quarter Earnings Estimates
Nvidia has been a great stock this year, but in recent weeks it has been a bit of a disappointment, but results shared today showed they had $39.3 billion in revenue vs. forecasts of $38.25 billion and adjusted earnings of $0.89 per share vs. forecasts of $0.84. This means they beat analysts' revenue expectations with year-over-year growth of 78%. For most companies that would send their stock price soaring, but currently their stock is flat after a bit of chop before the earnings call.
On the call, the company gave upbeat guidance for the current quarter, telling investors it expects $43 billion in first-quarter revenue compared to expectations of $41.78 billion. However, Nvidia's gross margin is under pressure as it ramps up production of its Blackwell GPU. Not surprising analysts asked multiple questions on the call about Nvidia's guidance and any potential impact from President Donald Trump's proposed tariffs. CFO Colette Kress said the timing and amount of tariffs are a little bit of an unknown and she expects gross margin to improve later in the year. If your are in finance right now tariffs and geopolitical risks are pretty much part of every conversation. I'm dealing with it personally with my role in my day job and it's really the biggest headwind that I see right now. This uncertainty is causing turbulence in markets, board rooms and in everyone's households. If you don't believe me just look at your 401K right now...
Looking at 2024 we had a great year in the roader markets and with NVDA. I think this recent pullback is a good thing long term as leverage and euphoria is being beaten out of the market as technical! NVDA is still up 65% YTD.
As a long term NVDA investor this report was inline with my expectations. I was worried DeepSeek news had me a bit worried about what we would see.
If you want to dig in a bit deeper below is the summary that I look at to determine how I judge how well my investment is doing.
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Nvidia ticks me off. I really dropped the ball on that one!
Yesterday new tariffs on Europe were announced, not just mobile, it's gonna be kinda a mess with that... Nvidia is investing a lot tough, they are a healthy company
Well I am so sure that beyond now, Nvidia will still certainly take off
The report is quite good but the tax is being imposed in the US so the market is down
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