Is a Surprise Coming for Advanced Micro Devices (AMD) This Earnings Season?

From Nasdaq: 2024-04-26 09:52:00

Investors anticipate Advanced Micro Devices, Inc. (AMD) to beat earnings with positive estimate revisions. The Most Accurate Estimate for the current quarter is 77 cents per share, higher than the Zacks Consensus Estimate of 60 cents per share. This indicates a potential earnings beat for AMD this season with a Zacks Earnings ESP of +28.33%. With a Zacks Rank #2 (Buy) and positive ESP, investors may want to consider AMD stock before earnings.

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