From Nasdaq.: 2025-05-02 12:10:00

Advanced Micro Devices (AMD) is a stock worth considering for its history of beating earnings estimates, with a potential for another beat in its next quarterly report. The company has surpassed expectations in the past two quarters, with an average surprise of 1.48%.

In the most recent quarter, AMD exceeded expectations by reporting earnings of $1.09 per share compared to an expected $1.07 per share, resulting in a 1.87% surprise. With a positive Zacks Earnings ESP and Rank, there is a strong indication of another earnings beat for AMD.

Utilizing the Earnings ESP metric can help investors gauge the likelihood of a company beating earnings estimates. While not a guarantee, a positive Earnings ESP combined with a favorable Zacks Rank can indicate potential for success in the next earnings report. AMD’s next earnings release is expected on May 6, 2025.

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Read more at Nasdaq.: Will Advanced Micro (AMD) Beat Estimates Again in Its Next Earnings Report?