Nvidia (NVDA) will report its Q3 earnings after the closing bell on Wednesday, a week after the company announced a slew of new technologies during its GTC 2021 conference, and as its ARM deal faces fresh scrutiny from the UK’s antitrust regulator.
Here’s what analysts are expecting from the company, as compiled by Bloomberg, versus how it performed in the same quarter last year.
- Revenue: $6.81 billion versus $4.73 billion in Q3 last year
- Earnings per share: $1.11 expected versus $0.73 in Q3 last year
- Gaming revenue: $3.18 billion expected versus $2.27 billion in Q3 last year
- Data Center revenue: $2.69 billion expected versus $1.90 billion in Q3 last year
- To say Nvidia has had an incredible run in 2021 would be an understatement. The company’s stock is up 125% year-to-date, and it’s fresh off of debuting new hardware and software related to its metaverse platform, called Omniverse, its self-driving vehicle initiatives, and its artificial intelligence work.
- But Nvidia, like other chipmakers, has also been stung by the chip shortage. The company’s consumer graphics cards are incredibly scarce thanks to a run on them by both cryptominers and resellers using bots to grab as many cards as possible.
