Applied Materials Earnings Outlook

Applied Materials Earnings Outlook

 

Applied Materials AMAT is set to give its latest quarterly earnings report on Thursday, 2022-08-18. Here's what investors need to know before the announcement.

Analysts estimate that Applied Materials will report an earnings per share (EPS) of $1.79.

Applied Materials bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.05, which was followed by a 3.86% drop in the share price the next day.

Here's a look at Applied Materials's past performance and the resulting price change:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.90 1.85 1.95 1.77
EPS Actual 1.85 1.89 1.94 1.90
Price Change % -3.86% -3.19% -5.49% -1.55%

Stock Performance

Shares of Applied Materials were trading at $108.49 as of August 16. Over the last 52-week period, shares are down 17.88%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Applied Materials visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-EPEarnings