Advanced Micro Devices (NASDAQ:AMD – Get Free Report) will be releasing its earnings data after the market closes on Tuesday, October 29th. Analysts expect Advanced Micro Devices to post earnings of $0.91 per share for the quarter. Advanced Micro Devices has set its Q3 2024 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The semiconductor manufacturer reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.01. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.72 billion. Advanced Micro Devices had a net margin of 5.82% and a return on equity of 5.98%. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.40 earnings per share. 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 stock opened at $156.23 on Friday. The stock has a market cap of $252.52 billion, a P/E ratio of 229.75, a P/E/G ratio of 2.33 and a beta of 1.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.82 and a quick ratio of 2.01. The company has a fifty day moving average price of $155.06 and a two-hundred day moving average price of $156.31. Advanced Micro Devices has a one year low of $93.11 and a one year high of $227.30.
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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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