Applied Materials Earnings Preview: Can This Streak Continue?
Applied Materials (NASDAQ:AMAT) will report earnings after markets close on Thursday, August 15th. Applied Materials, Inc. develops, manufactures, markets, and services semiconductor wafer fabrication equipment and related spare parts for the worldwide semiconductor industry. The Company’s customers include semiconductor wafer and integrated circuit manufacturers, flat panel liquid crystal displays, solar photovoltaic cells and modules and other electronic devices manufacturers.
Here is your Cheat Sheet to Applied Materials Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $2.06 billion.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.23 to a profit $0.22. For the current year, the average estimate is a profit of $0.63, which is better than the estimate ninety days ago.
Here’s how Applied Materials has been performing on an annual basis:
|Revenue ($) in millions||8,129||5,014||9,549||10,517||8,719|
|Diluted EPS ($)||0.70||-0.23||0.70||1.45||0.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013||Apr. 30, 2013|
|Revenue ($) in millions||2,541.00||2,343.00||1,646.00||1,573.00||1,973.00|
|Diluted EPS ($)||0.22||0.17||-0.42||0.03||-0.11|
Applied Materials has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)