Gerstner reports Snowflake beat consensus with 33% growth versus 27% expected and raised full year guidance.
“33% growth, accelerating growth versus consensus of 27% growth. They took up their full year guide by more than their q one beat.”
Gerstner notes NVIDIA consensus is 65% earnings growth in 2025 and 30% in 2027 at 25x multiple.
“The consensus estimate this year, I think, is that they're gonna grow earnings about 65%, maybe 30% in 2027. You said it's an earnings driven market, so they don't need to expand multiple.”
Gerstner states consensus Nvidia estimate for next year is around $3.50 per share.
“the consensus estimate for next year for Nvidia, I think is around $3.50 per share.”
Gerstner's Nvidia estimate is closer to $5 per share, ahead of consensus since fall 2022.
“we're we're closer to $5 a share. We've been ahead of the consensus estimate since the fall of twenty two.”
Gerstner says NVIDIA EPS was forecast at $5.70 but ended up at $25, far exceeding expectations.
“The EPS at the beginning of last year, the earnings per share was expected to be $5.70, and now it looks like it's gonna be $25.”
Gerstner says Meta nearly tripled earnings per employee in fifteen months.
“They've nearly tripled their earnings per person working at the company in in over that fifteen month period of time.”