We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Applied Materials (AMAT) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
Wall Street analysts expect Applied Materials (AMAT - Free Report) to post quarterly earnings of $3.36 per share in its upcoming report, which indicates a year-over-year increase of 35.5%. Revenues are expected to be $9 billion, up 23.3% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Applied Materials metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Net Revenue- Corporate and Other' to come in at $301.20 million. The estimate points to a change of +2410% from the year-ago quarter.
Based on the collective assessment of analysts, 'Net Revenue- Semiconductor Systems' should arrive at $6.92 billion. The estimate suggests a change of +27.6% year over year.
The collective assessment of analysts points to an estimated 'Net Revenue- Applied Global Services' of $1.75 billion. The estimate indicates a year-over-year change of +9.6%.
Over the past month, Applied Materials shares have recorded returns of -10.5% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #2 (Buy), AMAT will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Countdown to Applied Materials (AMAT) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
Wall Street analysts expect Applied Materials (AMAT - Free Report) to post quarterly earnings of $3.36 per share in its upcoming report, which indicates a year-over-year increase of 35.5%. Revenues are expected to be $9 billion, up 23.3% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Applied Materials metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Net Revenue- Corporate and Other' to come in at $301.20 million. The estimate points to a change of +2410% from the year-ago quarter.
Based on the collective assessment of analysts, 'Net Revenue- Semiconductor Systems' should arrive at $6.92 billion. The estimate suggests a change of +27.6% year over year.
The collective assessment of analysts points to an estimated 'Net Revenue- Applied Global Services' of $1.75 billion. The estimate indicates a year-over-year change of +9.6%.
View all Key Company Metrics for Applied Materials here>>>Over the past month, Applied Materials shares have recorded returns of -10.5% versus the Zacks S&P 500 composite's +3.4% change. Based on its Zacks Rank #2 (Buy), AMAT will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .