From Nasdaq:

Advanced Micro Devices (AMD) closed at $146.07, up +1.85% from previous trading session. Comapny’s shares gained 17.54% while the sector gained 4.87%. In an upcoming release, the company is expected to report EPS of $0.77 and a revenue of $6.11 billion, a 9.2% rise from the equivalent quarter last year.

Market participants will be closely following the financial results of Advanced Micro Devices in its upcoming release. The company is expected to report EPS of $0.77, up 11.59% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $6.11 billion, reflecting a 9.2% rise from the equivalent quarter last year.

Advanced Micro Devices is currently a Zacks Rank #3 (Hold). AMD is holding a Forward P/E ratio of 54.14, which is a premium compared to the average Forward P/E of 28.63 of its industry. It also has a PEG ratio of 4.22 and an average industry PEG ratio of 4.2.

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