From Nasdaq: 2025-05-06 17:30:00

Advanced Micro Devices (AMD) exceeded expectations with quarterly earnings of $0.96 per share compared to $0.93 estimated, a significant increase from $0.62 per share last year. The company has consistently beaten EPS estimates over the past year. Revenues for the quarter were $7.44 billion, surpassing expectations by 4.45%. The stock has declined 16.7% this year.

Investors are now wondering about the future of Advanced Micro. Earnings outlook and estimate revisions play a crucial role in determining stock performance. The current Zacks Rank for AMD is #3 (Hold), indicating market performance alignment. Analysts expect earnings of $0.98 per share for the upcoming quarter and $4.40 for the fiscal year. The industry rank is in the bottom 31%.

Hewlett Packard Enterprise (HPE) is yet to report quarterly results, with expected earnings of $0.33 per share, a decrease from last year. Revenues are estimated to reach $7.48 billion, up 3.9% year-over-year. Investors should track earnings estimate revisions for potential stock movement. HPE’s consensus EPS has been revised 0.7% higher in the last 30 days.



Read more at Nasdaq: Advanced Micro Devices (AMD) Beats Q1 Earnings and Revenue Estimates