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NVIDIA Earnings: What to Watch on Thursday

TheMotleyFool

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NVIDIA Earnings: What to Watch on ThursdayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Game time is nearing! NVIDIA (NASDAQ: NVDA) is slated to report its fourth-quarter and full-year results for fiscal 2020 after the market close on Thursday, Feb. 13.

The graphics processing unit (GPU) leader is barreling toward its release on a solid note. While last quarter's results fell on a year-over-year basis, as expected, both the top and bottom lines were up sequentially and beat the Wall Street consensus estimates. Moreover, the profit beat was a sizable one.

Investor optimism is likely the highest it's been for a year. After four consecutive quarters of year-over-year revenue and earnings declines, NVIDIA's top and bottom lines are expected to grow once again.

Source Fool.com

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