Company News: NVIDIA Corp. (NVDA) quarterly results beat analysts’ estimates

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25 February 2021

Company News: NVIDIA Corp. (NVDA) quarterly results beat analysts’ estimates

NVIDIA Corp. (NVDA) reported Q4 FY 2020 earnings of $3.10 per share (versus $1.89 per share in Q4 FY 2019), solidly beating analysts’ consensus estimate of $1.98 per share.

The company’s quarterly revenues amounted to $5.003 bln (+61.1% y/y), beating analysts’ consensus estimate of $4.819 bln.

The company also issued upside guidance for Q1 FY 2021, projecting Q1 revenues of $5.194-5.406 bln versus analysts’ consensus estimate of $4.53 bln.

NVDA fell to $565.82(-2.44%) in pre-market trading.

EUR/GBP: Support at 0.8520 to hold for a consolidation phase - Credit Suisse

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