Market Overview

Earnings Outlook for Applied Materials

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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

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

 

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