NVIDIA (NASDAQ:NVDA) will be releasing its next round of earnings this Wednesday, May 26. For all of the relevant information, here is your guide for Wednesday's Q1 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

NVIDIA EPS will likely be near $3.28 while revenue will be around $5.40 billion, according to analysts. In the same quarter last year, NVIDIA reported EPS of $1.8 on revenue of $3.08 billion.

Why Analyst Estimates And Earnings Surprises Are Important

The Wall Street consensus estimate for earnings would represent a 82.22% increase for the company. Revenue would be have grown 75.32% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 83.3%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. NVIDIA is scheduled to hold the call at 17:00:00 ET and can be accessed here.