Advanced Micro Devices (NASDAQ:AMD – Get Free Report) will be issuing its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Advanced Micro Devices has set its Q3 2024 guidance at EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, topping the consensus estimate of $0.68 by $0.01. Advanced Micro Devices had a net margin of 5.82% and a return on equity of 5.98%. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.72 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. On average, analysts expect Advanced Micro Devices to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Advanced Micro Devices Stock Performance
Shares of AMD opened at $156.23 on Monday. Advanced Micro Devices has a 12 month low of $93.11 and a 12 month high of $227.30. The firm has a fifty day simple moving average of $155.06 and a 200 day simple moving average of $156.13. The stock has a market capitalization of $252.52 billion, a price-to-earnings ratio of 229.75, a PEG ratio of 2.33 and a beta of 1.70. The company has a current ratio of 2.82, a quick ratio of 2.01 and a debt-to-equity ratio of 0.03.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on AMD
About Advanced Micro Devices
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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