NVIDIA Q3 2018 Pre-Earnings Analysis
https://wccftech.com/nvidia-q3-2018-pre-earnings-analysis/
NVIDIA is all set to report its quarterly earnings soon and as things stand right now, this is going to be one of the more interesting numbers reported in recent history. The result that NVIDIA (NASDAQ:NVDA() reveals tomorrow is highly significant and can be used to set the baseline risk of the company. Q3 2018 has mostly been without any significant crypto demand (not there was much for NVIDIA, to begin with) and also saw no major traction of its newly released Turing cards. So the question on everyone’s mind is of course, can Jensen pull a rabbit out of his leather jacket and beat?
I will be going through some of the key points to keep in mind while dealing with a stock as ambitious as NVIDIA – the ones that could lead to a surprise beat and the ones that could lead to analyst expectations barely being met (or even an underperform). There are a lot of variables at play when talking about a quarterly result and NVIDIA (NASDAQ:NVDA() is no different, but the subtle nuances of the GPU market is something that analysts very rarely understand, which is why it is quite possible that the company would find it much more difficult to beat expectations this time than last time around.