Recap: Applied Materials Q3 Earnings
Shares of Applied Materials (NASDAQ:AMAT) rose after the company reported Q3 results.
Quarterly Results
Earnings per share were up 79.25% year over year to $1.90, which beat the estimate of $1.77.
Applied Materials Sees Q4 Adj. EPS $1.87-$2.01 vs $1.81 Est. Sales $6.08B-$6.58B vs $6.04B Est.
In the fourth quarter of fiscal 2021, Applied expects net sales to be approximately $6.33 billion, plus or minus $250 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.87 to $2.01.
This outlook
Applied Materials Q3 Adj. EPS $1.90 Beats $1.77 Estimate, Sales $6.20B Beat $5.94B Estimate
Applied Materials (NASDAQ:AMAT) reported quarterly earnings of $1.90 per share which beat the analyst consensus estimate of $1.77 by 7.34 percent. This is a 79.25 percent increase over earnings of $1.06 per share from
Benzinga Pro’s Top 5 Stocks To Watch For Thursday, Aug. 19, 2021: AMAT, SAFE, FTCH, ALF, TVAC
Today's 5 Stock Ideas:
Applied Materials (AMAT) - Will report Q3 earnings after market close Thursday. Analysts expect earnings of $1.77/share on sales of $5.94 billion.
Safehold (SAFE) - Company
Daiwa Capital Initiates Coverage On Applied Materials with Outperform Rating, Announces Price Target of $140
Daiwa Capital initiates coverage on Applied Materials (NASDAQ:AMAT) with a Outperform rating and announces Price Target of $140.
5 Stocks To Watch For August 19, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Macy's Inc (NYSE: M) to report quarterly earnings at $0.14 per share on revenue of $4.98 billion before the opening bell. Macy's shares rose 0.4% to $18.14 in after-hours trading.
Earnings Scheduled For August 19, 2021
Companies Reporting Before The Bell
• Bilibili (NASDAQ:BILI) is likely to report quarterly loss at $2.86 per share on revenue of $658.78 million.