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Applied Materials (NASDAQ: AMAT) unveils its next round of earnings this Thursday, August 13. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
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Sell-side analysts expect Applied Materials's EPS to be near $0.95 on sales of $4.13 billion. Applied Materials reported a per-share profit of $0.74 when it published results during the same quarter last year. Sales in that period totaled $3.56 billion. The Wall Street estimate would represent a 28.38% increase in the company's earnings. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 0.92 | 0.76 | 0.70 |
| EPS Actual | 0.89 | 0.98 | 0.80 | 0.74 |
| Revenue Estimate | 4.15 B | 4.10 B | 3.68 B | 3.52 B |
| Revenue Actual | 3.96 B | 4.16 B | 3.75 B | 3.56 B |
Stock Performance
Over the last 52-week period, shares are up 37.23%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Applied Materials is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://ir.appliedmaterials.com/encrypted-node/23606
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.