Advanced Micro Devices Earnings: Your Sneak Peek to the Big Announcement

Advanced Micro Devices (NYSE:AMD) will report earnings after markets close on Thursday, July 18th. Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.

Here is your Cheat Sheet to Advanced Micro Devices Earnings:

Earnings Expectations: Analysts expect earnings of $-0.13 per share on revenues of $1.11 billion.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.03 to a loss $0.02. For the current year, the average estimate is a loss of $0.24, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Advanced Micro Devices has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 5,808 5,403 6,494 6,568 5,422
Diluted EPS ($) -5.10 0.45 0.64 0.66 -1.60

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,413.00 1,269.00 1,155.00 1,088.00
Diluted EPS ($) 0.05 -0.21 -0.63 -0.19

Past Performance:
Advanced Micro Devices has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)