The third quarter financial results of Advanced Micro Devices (NASDAQ: AMD) will be revealed on Tuesday 29th October 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $0.91 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $6.71 billion during this period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $25.61 billion. Additionally, they are expecting the company to achieve per share profit of $3.41 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.7. This figure was a result of the company's total revenue, which reached an impressive $5.8 billion during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.69 | +19.0% | 5.84 B | +8.9% |
| Q1 2024 | $0.62 | +3.3% | 5.47 B | +2.2% |
| Q4 2023 | $0.77 | +11.6% | 6.17 B | +10.2% |
| Q3 2023 | $0.70 | +4.5% | 5.80 B | +4.2% |
| Q2 2023 | $0.58 | -44.8% | 5.36 B | -18.2% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 29th October 2024 at 05:00 PM eastern time, in a conference call with public.
Friday's trading saw Advanced Micro Devices (AMD) shares hit a low of $155.05 and a high of $158.91, with a day volume of 29.76 million shares. The stock closed the regular trading session at $156.23, indicating 1.82 percent advance.
