© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect Applied Materials earnings beat by $0.23, revenue topped estimates
Investing.com – Applied Materials (NASDAQ: ) reported first quarter EPS of $2.13, $0.23 better than the analyst estimate of $1.90. Revenue for the quarter came in at $6.71B versus the consensus estimate of $6.48B.
Guidance
Applied Materials sees Q2 2024 EPS of $1.79-$2.15 versus the analyst consensus of $1.78.
Applied Materials sees Q2 2024 revenue of $6.50B versus the analyst consensus of $6.33B.
Applied Materials’s stock price closed at $187.66. It is up 26.29% in the last 3 months and up 62.63% in the last 12 months.
Applied Materials saw 14 positive EPS revisions and 6 negative EPS revisions in the last 90 days. See Applied Materials’s stock price’s past reactions to earnings here.
According to InvestingPro, Applied Materials’s Financial Health score is “great performance“.
Check out Applied Materials’s , and Applied Materials’s financials here.
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This story originally appeared on Investing
