Advanced Micro Devices, Inc. AMD shares are trading higher by 2.64% to $74.36 during Tuesday's session. Traders and investors are watching for the company's fourth-quarter earnings announcement, confirmed for after the market close.
According to analyst consensus estimates, AMD is expected to report revenue of $5.5 billion on EPS of 67 cents.
Rival Intel Corp. INTC reported last week non-GAAP EPS of $0.10, half as much as the Street forecast. Revenue came in at $14 billion, down 28% year-over-year and missing the consensus estimate of $14.45 billion.
See Also: If You Had $1,000 Right Now, Would You Buy Shiba Inu Or Dogecoin? Over 60% Choose...
AMD has a 52-week high of $132.96 and a 52-week low of $54.57.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.