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Compared to Estimates, Nvidia (NVDA) Q4 Earnings: A Look at Key Metrics
Nvidia (NVDA - Free Report) reported $6.05 billion in revenue for the quarter ended January 2023, representing a year-over-year decline of 20.8%. EPS of $0.88 for the same period compares to $1.32 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $6.01 billion, representing a surprise of +0.61%. The company delivered an EPS surprise of +8.64%, with the consensus EPS estimate being $0.81.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Nvidia performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Nvidia here>>>
Shares of Nvidia have returned +7.2% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.