🔥Stock Prediction: How will AMD close on 2/11 after its 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
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How will AMD close on 2/11 after its earnings?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
今天，AMD首席执行官苏姿丰将成为焦点，她将在舞台中央报告AMD 2012年第三季度的收益。AMD今天收盘下跌0.67%，至59.66点。今年以来，AMD也从164.46的高位暴跌了60%。
主要的担忧是个人电脑市场的放缓。AMD将其第三季度收入指导削减了11亿美元，至56亿美元。它预计收入同比增长29%，而不是55%。然而，数据中心增长了45%，游戏增长了14%。这两个部门占AMD收入的40%。
AMD还面临着美国最近禁止高端芯片进入中国、高通胀、全球经济放缓和美国元走强的不利因素。
我预测AMD在发布收益报告后，今天会以红色收盘。在市场的悲观情绪中，其股价正在测试59。
然而，在25.09的市盈率下，AMD是一个强有力的买入，因为它未来有巨大的增长潜力。短期的痛苦，长期的收获。
@Tiger_Earnings