Advanced Micro Devices (AMD) Reports Next Week: Wall Street Expects Earnings Growth
From Nasdaq: 2025-04-29 10:01:00
Advanced Micro Devices (AMD) is expected to report higher earnings and revenues for the quarter ended March 2025, with estimates indicating a positive outlook. The stock may move based on whether results exceed or fall short of expectations on May 6. Analysts project earnings of $0.93 per share and revenues of $7.12 billion, up 30.1% from the previous year.
Analysts are optimistic about Advanced Micro’s earnings prospects, with recent estimates suggesting a positive outcome. The company has a Zacks Rank of #3 and an Earnings ESP of +0.74%, indicating a likely beat of the consensus EPS estimate. In the past, the company has consistently exceeded consensus EPS estimates.
Investors are advised to consider Advanced Micro as a potential earnings-beat candidate, as historical data suggests a positive surprise trend. However, it is important to take other factors into account when making investment decisions. Monitoring the company’s Earnings ESP and Zacks Rank ahead of the quarterly release is recommended for a well-rounded investment strategy.
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