Advanced Micro Devices Inc (AMD)

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Brokerages Expect Advanced Micro Devices, Inc. (AMD) to Announce $0.44 EPS
By: MarketBeat | April 9, 2021

Wall Street brokerages forecast that Advanced Micro Devices, Inc. (NASDAQ:AMD) will report earnings per share of $0.44 for the current quarter, Zacks Investment Research reports. Ten analysts have provided estimates for Advanced Micro Devices' earnings. The lowest EPS estimate is $0.43 and the highest is $0.45. Advanced Micro Devices reported earnings of $0.18 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 144.4%. The business is expected to issue its next quarterly earnings report on Tuesday, April 27th.

According to Zacks, analysts expect that Advanced Micro Devices will report full year earnings of $1.93 per share for the current fiscal year, with EPS estimates ranging from $1.88 to $2.00. For the next financial year, analysts anticipate that the firm will report earnings of $2.43 per share, with EPS estimates ranging from $2.12 to $2.89. Zacks' EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Advanced Micro Devices.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Monday, January 25th. The semiconductor manufacturer reported $0.52 EPS for the quarter, topping the consensus estimate of $0.47 by $0.05. The firm had revenue of $3.24 billion during the quarter, compared to analyst estimates of $3.03 billion. Advanced Micro Devices had a return on equity of 33.04% and a net margin of 10.17%. Advanced Micro Devices's revenue was up 52.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 EPS.

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