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Nvidia shares slide again after earnings despite recent beat streak
The stock fell roughly 6% on the most recent earnings day reaction, and the article says guidance, not past EPS and revenue beats, is what has driven post-report moves.
Nvidia has beaten Wall Street on EPS and revenue for five straight quarters, yet the stock has still fallen on earnings day in four of the past five quarters, with declines reaching about 6%, according to Yahoo Finance. The setup is unusual for the company, which the article frames as having already had much of its growth priced in. With around 70% year-over-year growth baked into the FY2027 consensus, the piece says guidance, rather than reported “beats,” tends to determine how Nvidia’s stock trades after results.
For its fiscal second-quarter report, Nvidia is expected to deliver non-GAAP earnings of about $2.09 per share on revenue near $92 billion, roughly double year over year, the article says. It also notes that Nvidia guided last quarter to $91.0 billion revenue, plus or minus 2%, with non-GAAP gross margin around 75.0% and no China Data Center compute revenue included in the outlook.
The article cites a mixed pattern of same-day stock reactions following prior earnings, ranging from roughly plus 3.3% to declines of about -0.8%, -3.2%, and -5.5%, with the most recent move between -1.3% and -1.8%. Shares closed Tuesday at $213.05, down 3.04% for the week and up 14.37% year to date, the outlet said.