NVIDIA beats by $0.15, beats on revs; guides Q1 revs above consensus  (116.38 -2.23)
Channel: TurboOptioNTrading Market Maker
Date: 2017-02-09

NVIDIA beats by $0.15, beats on revs; guides Q1 revs above consensus  (116.38 -2.23)

After hours earning release NVDA DROPS FROM 117 DOWN TO 107 Bounce right back how trade quarterly earnings based on headline numbers release 
• Reports Q4 (Jan) earnings of $1.13 per share, $0.15 better than the Capital IQ Consensus of $0.98; revenues rose 54.9% year/year to $2.17 bln vs the $2.1 bln Capital IQ Consensus.
• Co issues upside guidance for Q1, sees Q1 revs of $1.90 +/-2% (Approx $1.86-1.93 bln, excluding non-recurring items, vs. $1.87 bln Capital IQ Consensus Estimate.
• For fiscal 2018, NVIDIA intends to return $1.25 billion to shareholders through ongoing quarterly cash dividends and share repurchases (Prior guidance was $1.2 bln)



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