AMD Shares Rise 2.45% Ahead Of Strong Earnings Forecast

Several major companies are approaching their upcoming earnings reports, with investor attention focused on their expected performance and recent stock movements. BP is expected to report a decrease in earnings per share but an increase in revenue, holding a Zacks Rank of #3 (Hold) with a forward P/E of 12.51. Analog Devices anticipates significant growth in earnings and revenue, maintaining a Zacks Rank of #2 (Buy) despite a recent 1.8% stock decline. McDonald's expects moderate increases in earnings and revenue but holds a Zacks Rank of #4 (Sell) following a recent stock dip. Advanced Micro Devices shows strong earnings and revenue growth projections with a Zacks Rank of #2 (Buy), coupled with a substantial 59.47% stock gain over the past month. AMC Entertainment faces a predicted sharp decline in EPS but a modest revenue drop, improved analyst estimates, and holds a Zacks Rank of #3 (Hold). These companies' analyst estimate revisions and Zacks Ranks provide insight into market expectations and potential near-term stock performance.