Full record

Hitmarkets

Nvidia beats analyst estimates in its quarterly earnings report on 2024-08-28.

A scored prediction by Tom Nash, made on .

VideoQuote from the original sourcemarketstech

Scored prediction

Hitmarkets

Now, it's not likely and I do believe Nvidia should beat these earnings. I don't think they'll miss. But if by any chance they miss, everybody's going to go to the toilet really quick.

Nvidia beats analyst estimates in its quarterly earnings report on 2024-08-28.

Made on
2024-08-26
Outcome
Hit
Importance
2 / 5
Effect on score
+1.84

What counted as right

Status
resolved
Settled on
2024-08-28

Nvidia's fiscal Q2 2025 results, reported 2024-08-28, exceed the consensus analyst estimates for both revenue and adjusted EPS.

Criterion required exceeding consensus on BOTH revenue and adjusted EPS in the 2024-08-28 report; both were exceeded ($30.04B vs ~$28.7B consensus; $0.68 adjusted EPS vs $0.64 consensus). Consensus figures come from secondary aggregators (Zacks via Nasdaq, MarketBeat); the reported actuals come from Nvidia's primary release. Reuters and CNBC coverage of the same figures could not be fetched directly (publisher blocks), but no source found disputes the beat. Note as context (not part of the criterion): the stock fell after the report because the beat was smaller than the market's whisper expectations.

Sources

  • NVIDIA: DON'T SAY YOU DIDN'T KNOW | Earnings Preview

    YouTube - Tom Nash (@TomNashTV) ·

    Source

Evidence of what happened

  • Nvidia's own press release, dated 2024-08-28, reporting Q2 fiscal 2025 (quarter ended 2024-07-28): revenue $30.0 billion (up 122% y/y), GAAP diluted EPS $0.67, non-GAAP (adjusted) diluted EPS $0.68.

    Evidence

  • MarketBeat earnings history for NVDA, quarter reported 8/28/2024: consensus EPS estimate $0.64 vs actual $0.68; consensus revenue estimate $28.74B vs actual $30.04B - a beat on both metrics.

    Evidence

  • Zacks/Nasdaq write-up 'Nvidia (NVDA) Surpasses Q2 Earnings and Revenue Estimates': revenue of $30.04 billion for the quarter ended July 2024 surpassed the Zacks Consensus Estimate by 5.72%, with an EPS surprise of 6.25% ($0.68 vs $0.64).

    Evidence

Corrections

No public corrections.

Effect on the score

+1.84
How sure they sounded
80%
Outcome
Hit
Importance
2 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

Nvidia beats analyst estimates in its quarterly earnings re…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-08-26

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