Outlook: AMD (Advanced Micro Devices) takes stock of the past quarter

AMD (Advanced Micro Devices) will present the figures for the latest quarter on May 2nd, 2023 at the quarterly financial conference.

Forecasts from 34 analysts expect earnings per share for the past quarter to average $0.563. That would represent a decrease of 50.18 percent from the same quarter last year, when AMD (Advanced Micro Devices) reported $1.13 per share.

AMD (Advanced Micro Devices) is said to have closed the past quarter with sales totaling USD 5.30 billion – that’s what 31 analysts expect on average. Accordingly, the company would have reduced sales by 9.90 percent compared to the same quarter last year, in which 5.89 billion USD had been generated.

With a view to the current fiscal year, 37 analysts expect earnings per share of USD 3.03 on average, while USD 3.50 was generated in the previous year. In terms of sales, 35 analysts on average assume that a total of USD 23.48 billion will be generated in the current fiscal year, compared to USD 23.60 billion in the previous year.

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