Advanced Micro Devices, Inc. (NASDAQ:AMD) Missed Earnings 6 times

Advanced Micro Devices, Inc. (NASDAQ:AMD) moved down -2.47% and closed its last trading session at $7.11. This Computer and Technology Sector stock currently has the Market Capitalization of 6.79 Billion. The Average Volume for the stock is measured as 37.59 Million. The Stock has a 52-Week High of $8 and 52-Week Low of $1.75 following the dates, it touched its 52-Week High on Aug 19, 2016 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is -16.9% with the Return on Equity and Return on Investment of 232.4% and -27.1% respectively. This firm currently has YTD (year to date) performance of 147.74 Percent which is awesome. The Short Ratio for the stock is 2.48.

Advanced Micro Devices, Inc. (NASDAQ:AMD) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.43. The TTM operating margin is -10.8 percent.

Advanced Micro Devices, Inc. (NASDAQ:AMD) will report/reported its Earnings on Thu 20 Oct (8 days ago). The estimated EPS for the current quarter is said to be $0. Following Earnings result, share price were DOWN 19 times out of last 28 Qtrs. The stock has added about 4.7% since it reported its last earnings. The Closing price of Advanced Micro Devices, Inc. (NASDAQ:AMD) at Last Earnings was $6.96 as compared to the previous closing price of $7.29. The Predicted Move on the 7th day after Advanced Micro Devices, Inc. (NASDAQ:AMD) will release its earnings at about 11%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Advanced Micro Devices, Inc. (NASDAQ:AMD) beats earnings by 33%, The Stock Missed Earnings  6  times and has met earnings  2  times.

Earnings History:

We will discuss the past Quarters Earnings below:

On 07/21/2016, the stock reported the EPS of $-0.05 where Analysts were projecting the EPS to be $-0.08 showing a difference of $0.03. Thus Surprise Factor was there with 37.5 percent. Before Earnings Announcement on 07/21/2016, the firm had its stock price of $5.22. And immediately on the next day after earnings announcement, the stock inclined 11.88% and closed its trading session at $5.84. On 7th Day after earnings release, Advanced Micro Devices, Inc. (NASDAQ:AMD) surged to 30.65% from $5.22 to $6.82.

On 04/21/2016, Analysts were suspecting EPS of $-0.13/share where Advanced Micro Devices, Inc. (NASDAQ:AMD) reported its Actual EPS of $-0.12. Thus showing a Surprise of 7.7 percent. The Closing Price of the stock before earnings was $2.62 while on the Next day the stock closed its trading session at $3.99 with a percentage change of 52.29% from the price of 2.62 before Earnings. The Stock Closing Price on the 7th day of earnings was $3.61.

Company Profile:

Advanced Micro Devices, Inc. operates as a semiconductor company worldwide. The company’s products primarily include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs), and semi-custom System-on-Chip (SoC) products. It provides x86 microprocessors for desktop PCs under the AMD A-Series, AMD E-Series, AMD FX CPU, AMD Athlon CPU and APU, AMD Sempron APU and CPU, and AMD Pro A-Series APU brands; and microprocessors for notebook and 2-in-1s under the AMD A-Series, AMD E-Series, AMD C-Series, AMD Z-Series, AMD FX APU, AMD Phenom, AMD Athlon CPU and APU, AMD Turion, and AMD Sempron APU and CPU brands. The company also offers chipsets with and without integrated graphics features for desktop, notebook PCs, and servers, as well as controller hub-based chipsets for its APUs under the AMD brand; and AMD PRO mobile and desktop processors. In addition, it provides discrete desktop graphics products and discrete GPUs for notebooks under the AMD Radeon brand; professional graphics products under the AMD FirePro brand; and customer-specific solutions based on AMD’s CPU, GPU, and multi-media technologies. Further, the company offers microprocessors for server platforms under the AMD Opteron; embedded processor solutions for interactive digital signage, casino gaming, and medical imaging under the AMD Opteron, AMD Athlon, AMD Sempron, AMD Geode, AMD R-Series, and G-Series brands; and semi-custom SoC products that power the Sony Playstation 4 and Microsoft Xbox One game consoles. Advanced Micro Devices, Inc. sells its products through its direct sales force, independent distributors, and sales representatives. The company serves original equipment manufacturers, original design manufacturers, system builders, and independent distributors. Advanced Micro Devices, Inc. was founded in 1969 and is headquartered in Sunnyvale, California.