NVIDIA Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component NVIDIA Corporation (NASDAQ:NVDA) will unveil its latest earnings on Wednesday, February 15, 2012. NVIDIA provides visual computing technologies that generate interactive graphics for computers, mobile devices, and gaming consoles.

NVIDIA Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 19 cents per share, a decline of 17.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 26 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. For the year, analysts are projecting profit of 95 cents per share, a rise of 46.2% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of 29 cents per share against a mean estimate of profit of 26 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 7.2% in revenue from the year-earlier quarter to $950.4 million.

Analyst Ratings: Analysts seem relatively indifferent about NVIDIA with 15 of 28 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose more than twofold to $178.3 million (29 cents a share) from $84.9 million (15 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 26.3% to $1.07 billion from $843.9 million.

Key Stats:

The company’s revenue has increased for two consecutive quarters. In the second quarter, the figure rose 25.3%.

Stock Price Performance: From January 11, 2012 to February 9, 2012, the stock price rose $2.11 (14.9%), from $14.19 to $16.30. The stock price saw one of its best stretches over the last year between May 4, 2011 and May 12, 2011, when shares rose for seven straight days, increasing 9.9% (+$1.85) over that span. It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10 straight days, dropping 15.2% (-$3.04) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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