Williams Financial Group Maintains Hold Rating On Advanced Micro Devices, Inc. (AMD)

Analyst Cody G. Acree at Williams Financial Group has released an update on Advanced Micro Devices, Inc. (NYSE: AMD). The company will report its first-quarter earnings on Thursday, April 15.

Williams Financial Group expects the company to report a loss per share, excluding one-time gain, below its estimate of $0.08 per share and the consensus estimate of $0.10 per share. It expects the company to report sales above the $1.53 billion consensus. The company’s guidance for the June quarter should be for sales to be flat-to-slightly higher, with a continued reduction in losses.

Williams Financial Group has maintained its Hold rating for Advanced Micro Devices, Inc.