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Earnings Outlook for Applied Materials

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.

View more earnings on AMAT” data-reactid=”23″>View more earnings on AMAT” data-reactid=”24″>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:

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