Advanced Micro Devices (AMD) Q3 Earnings and Revenues Beat Estimates

Core Insights - Advanced Micro Devices (AMD) reported quarterly earnings of $1.2 per share, exceeding the Zacks Consensus Estimate of $1.17 per share, and up from $0.92 per share a year ago, representing an earnings surprise of +2.56% [1] - The company achieved revenues of $9.25 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 6.00%, and up from $6.82 billion year-over-year [2] - AMD shares have increased approximately 115% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.32 on revenues of $9.07 billion, and for the current fiscal year, it is $3.93 on revenues of $32.93 billion [7] - The estimate revisions trend for AMD was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Computer - Integrated Systems industry, to which AMD belongs, is currently ranked in the top 5% of over 250 Zacks industries, suggesting strong potential for outperformance compared to lower-ranked industries [8] - Another company in the same industry, NCR Voyix, is expected to report quarterly earnings of $0.22 per share, reflecting a year-over-year increase of +191.7%, with revenues anticipated to be $668.5 million, down 6% from the previous year [9][10]