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🔥Stock Prediction: How will AMD close on 2/11 after its earnings?
@Tiger_Earnings：
Click to vote. Can you predict where $AMD(AMD)$ will move following their earnings? If you get the right answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins. $AMD(AMD)$ Advanced Micro Devices is scheduled to release third quarter earnings after the markets close on Tuesday November 1. Lets's guess where AMD will move following its earnings? 🔙 Latest Results $AMD(AMD)$ reported record revenue for an eighth straight quarter: Revenue surged 70% to a record $6.55 billion from $3.85 billion in the year-ago period Net income of $447 million, or 27 cents a share, compared with $710 million, or 58 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.05 a share, compared with 63 cents a share in the year-ago period. 📒AMD Q3 earnings consensus Wall Street forecasts revenue will rise 31% from last year in the third quarter to $5.7 billion and adjusted EPS is expected to fall 7.2% to $0.68. 💡Highlights of AMD Q3 earnings preview AMD cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips.The chip maker, which sells central processing units for laptops and desktops alongside a large videogame graphics chip business, on Thursday said it expected about $5.6 billion of sales in the just-ended quarter, about $1.1 billion less than it previously said it was expecting when it issued a subdued outlook in August. For more information about AMD Earnings Preview, please click here 💰Activity Details Click to vote. Guess where $AMD(AMD)$ will move following their earnings? If you get correct answers, you can get 20 Tiger Coins. Reply and forward this post, share your insights about AMD's financial reports, we will give 100 Tiger Coins with outstanding comments. ⏰Event Time The deadline for this event is 21:00 on Wednesday, 2 November 2022 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here
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