WATCH LIVE: AMD Q3 Earnings Call $AMD

Benzinga

Benzinga

October 31st, 2023

DESCRIPTION
Chipmaker Advanced Micro Devices is scheduled to report its third-quarter results Tuesday after the market closes. Expectations are muted, given the multiple headwinds that are impacting demand. What Wall Street Expects Analysts, on average, estimate AMD to report third-quarter non-GAAP earnings per share, or EPS, of $0.64, down 4.5% from $0.67 in the year-ago quarter. The Santa Clara, California-based company beat earnings estimates in each of the past three quarters and reported a miss ahead of them. Revenue is estimated at $5.37 billion, representing a 4.40% year-over-year decline from the year-ago quarter’s $5.62 billion. In the second quarter, the top line was at $5.36 billion. WEBSITE & SOCIALS: 💻 Website: https://www.benzinga.com 👍Benzinga on Instagram & Facebook @ Benzinga 🛎Benzinga on TikTok & Twitter @ Benzinga 📺Benzinga on Discord: https://discord.com/invite/Sy2UgMPu6u Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, futures, and crypto is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
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