AMD will report its Q1 results after today's closing bell, followed by a conference call at 17:30 ET. 

The Capital IQ consensus expects the company to report a 45.5% yr/yr decrease in EPS to $0.06 on a 23.7% yr/yr decrease in revenue to $1.27 bln. 

Last quarter, the company guided for Q1 revenue between $1.20 bln and $1.30 bln, which was shy of market estimates at that time. Gross margin is expected to exceed 41% in FY19. 

TECHS:

Shares of AMD hit a 2019 high in early April, and they are currently up more than 48.0% for the year.

AMD trades at 36.8x forward earnings expectations

FREE STUFF & SHAMELESS PLUGS:

This week’s in depth earnings packet can be purchased here:

http://www.everytimeicash.com/digitalcontent/earnings-pack-for-week-ending-4-26-19

Check out the latest episode from my podcast below.

FREE Trading Packet

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

If you'd like to follow my trades in real time click the "Join Now" button at the bottom of the page. For those that will and have asked, use the code 1ST on checkout for a discount with no commitment beyond one month.