Wall Street analysts project that AMD will report earnings of $0.47 per share, a 31.9% decrease from last year, with revenues expected to hit $7.41 billion, a 27% increase. Earnings estimates have been adjusted upwards by 1.6% in the past month. Analysts’ forecasts for key metrics show positive trends in various sectors like Data Center and Gaming.

Investors rely on earnings estimates to predict stock reactions. Analysts predict positive growth for AMD in key sectors like Data Center, Gaming, and Client, with revenue estimates showing increases ranging from 15.8% to 69.4% year over year. AMD’s stock has outperformed the market with a 29.6% return in the past month, holding a Zacks Rank #3 (Hold) for future performance.

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Read more at Nasdaq: Countdown to Advanced Micro (AMD) Q2 Earnings: Wall Street Forecasts for Key Metrics