Applied Materials (AMAT) Surpasses Q3 Earnings and Revenue Estimates

09:25pm, Thursday, 18'th Aug 2022 Zacks Investment Research
Applied Materials (AMAT) delivered earnings and revenue surprises of 8.99% and 4.18%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Applied Materials, Inc (NASDAQ: AMAT) reported third-quarter revenue growth of 5% year-over-year to $6.52 billion, beating the consensus of $6.28 billion. Adjusted EPS was $1.94 (+2% Y/Y), beating t
U.S. stocks trade higher onThursday, with the S&P 500 and Nasdaq turning marginally positive, while the Dow looked headed for the first back-to-back losses in two weeks.
Applied Materials (AMAT) delivered earnings and revenue surprises of 8.99% and 4.18%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Stacy Rasgon, Bernstein semiconductor analyst, joins 'Closing Bell: Overtime' to discuss Applied Materials earnings report.

Applied Materials up on earnings, revenue beats

04:54pm, Thursday, 18'th Aug 2022
CNBC's Seema Moody joins 'Closing Bell: Overtime' to report on Applied Materials earnings.
Applied Materials Inc. shares gained in after-hours trading Thursday, following an earnings beat and optimistic commentary from the chip-equipment supplier's chief executive.
Applied Materials reported third-quarter profit and sales that topped estimates while guidance edged by views. Shares rose on the news.
Quint Tatro, Joule Financial founder, joins ‘The Exchange' to discuss stocks ahead of earnings, including Applied Materials, John Deere and Foot Locker.
The CNN Money Fear and Greed index moved back to the "neutral" zone after the release of Fed minutes. The central bank officials agreed they will likely need to maintain higher rates until inflation s
Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after the Dow Jones dropped around 170 points in the previous session. Investors are awaiting earnings
Applied Materials Inc. (NASDAQ: AMAT) is scheduled to report its third-quarter earnings on Thursday.
Applied Materials' (AMAT) third-quarter fiscal 2022 earnings are expected to have been aided by solid momentum across the Semiconductor Systems Group and AGS segments.
Investors should consider getting their hands on this stock before it becomes expensive.
Over the last month, AMAT shares have tacked on a double-digit 17% in value, easily crushing the S&P 500's performance.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE