* Advanced Micro Devices Inc is expected to show a rise in quarterly revenue when it reports results on April 30 for the period ending March 31 2024
* The Santa Clara California-based company is expected to report a 2.0% increase in revenue to $5.459 billion from $5.35 billion a year ago, according to the mean estimate from 32 analysts, based on LSEG data.The company's guidance on January 30 2024, for the period ended March 31, was for revenue between $5.10 billion and $5.70 billion.
* LSEG's mean analyst estimate for Advanced Micro Devices Inc is for earnings of 61 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 39 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Advanced Micro Devices Inc is $200.00, above its last closing price of $153.76.
The company's guidance on January 30 2024 for the period ended March 31 was for gross profit margin of USD52%. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.78 0.77 0.77 Met -0.3
Sep. 30 2023 0.68 0.68 0.70 Beat 3.4
Jun. 30 2023 0.57 0.57 0.58 Beat 1.5
Mar. 31 2023 0.56 0.56 0.60 Beat 6.4
Dec. 0.67 0.67 0.69 Beat 3.3
31 2022
Sep. 30 2022 0.70 0.68 0.67 Missed -2.1
Jun. 30 2022 1.05 1.03 1.05 Beat 1.6
Mar. 31 2022 0.91 0.91 1.13 Beat 24.2
This summary was machine generated April 26 at 20:34 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
