AMD Earnings Meet Expectations, But Profit Exceeds Forecasts.

According to AMD's report, the earnings per share for the third quarter were $0.92, in line with analysts' expectations of $0.92. The reported revenue for this quarter was $6.82 billion, while analyst expectations were $6.71 billion.

For the fourth quarter of 2024, AMD's revenue is projected to be $7.50 billion, compared to analyst estimates of $7.55 billion.

AMD shares closed the day at $166.28, reflecting a 25.49% increase over the last three months. This indicates a 72.88% gain in the stock's value over the past 12 months. In the last 90 days, AMD has seen 7 positive earnings per share and 25 negative earnings per share.

InvestingPro rates AMD's financial health as "Quite Good." You can review AMD's latest earnings reports and all financial information related to the company. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.