News Formal

AMD Reports Earnings Today. What to Expect.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The consensus is that Advanced Micro Devices will report quarterly revenue of $5.7 billion with adjusted earnings per share of 68 cents.

Semiconductor analysts are concerned expectations for AMD’s data center unit may be too high. Investors will get a key update on chip maker’s businesses after the market close.

The Wall Street consensus is that Advanced Micro Devices will report September quarter revenue of $5.7 billion with adjusted earnings per share of 68 cents. Analysts’ estimates for the current quarter’s revenue is $6.4 billion with EPS of 89 cents. Last week, Intel posted third-quarter financial results above Wall Street estimates but the company’s data-center revenue missed analysts’ consensus.On Monday, Susquehanna analyst Christopher Rolland analyst reaffirmed his Positive rating on AMD but cautioned about forecasts for next year.The analysts cited some checks with customers, which suggested sales of AMD’s server chips may be hurt by budget shifts at corporations increasing their AI-related infrastructure purchases.

AMD shares were down 16% over the last three months. The iShares Semiconductor ETF , which tracks the performance of the ICE Semiconductor Index, has declined 18% for the same period.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Earnings playbook: Your guide to trading another busy week of reports, including Apple and PfizerAbout 30% of the S&P 500 is set to report earnings this week, brining the reporting past the halfway mark.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

These stocks have earnings momentum heading into their reports this weekCNBC Pro screened for the S&P 500 companies reporting this week that analysts are most excited about—leading them to lift their earnings estimates.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

JetBlue Reports Earnings Soon. What to Expect.The antitrust trial following the Justice Department’s lawsuit to block JetBlue’s proposed merger with Spirit Airlines is finally due to begin after a...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Here's how much the options market expects Apple shares to move off earningsApple reports earnings on Thursday after the bell.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »