Next week: the most important earnings report of the current earnings season



The tech giant NVIDIA $NVDA will announce its Q1 FY2027 results on Wednesday, May 20, after the market closes

- The market expects revenues of $78.5 billion with 78% growth and earnings per share of $1.77 with +118.5% growth

The company's guidance was $78 billion (±2%), and Goldman Sachs and Citi expect $80 billion

More important than the current quarter results are the Q2 guidance.. the market expects $86 billion (85% annual growth), knowing that Microsoft increased its capital expenditure to $190 billion in 2026 and Meta raised the cap to $145 billion, and the total spending of tech giants exceeded $700 billion for 2026

Gensen Huang mentioned at the GTC conference that he expects $1 trillion in revenue from Blackwell and Vera Rubin segments during 2026-2027, excluding all revenue from China

Wednesday after the market closes
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