Two Must Watch Tonight Earnings Are.....

Tonight’s earnings will be watched closely as they can shape the Semiconductor and solar landscape. AMD and FSLR both release earnings tonight and both are highly anticipated.

First solar ($FSLR) follows ($ENPH) release and poor performance as well as ($SEDG) preannouncement that earning would miss significantly. Important to note that ($SEDG) formal earnings will be Wednesday night. It is widely expected that ($FSLR) will have the same issue. Any deviations from what is expected can lead to massive swings in the stock and the sector.

The expectations are as follows:

Release Tuesday Oct 31 4:00 PM ET

Consensus: $2.09 EPS

Revenue: $901.81 Mil

The conference call is scheduled for October 31, 2023 04:30 PM ET

Here is the link to the call. Conference call Link

Advanced Micro Devices ($AMD) has been a bellwether of CPU chips. Expectations will be high after several semiconductor equipment manufacturers beat earnings as well and ($INTC) solid report last week. The last two quarters were not ideal and the stock only rallies after ($NVDA) reported.

The expectations are as follows:

Earnings Date Tuesday Oct 31 4:15 PM ET

Consensus: $0.68

Revenue: $5.40 Bil

Watch this video For a more detailed explanation of what to watch for on the AMD earnings announcement 10:56 timestamp.

Wishing Everyone Massive Success!