Applied Materials, Inc. AMAT shares tanked in morning trading on Friday, even after the company reported upbeat fiscal fourth-quarter earnings.
Why Applied Materials Stock Is Sliding Today
Applied Materials' Q4 results reflect the benefits of strong performance across the Semiconductor and AGS business segments.
Applied Materials, Inc. (NASDAQ:AMAT) stepped into and out of the earnings confessional after last night's close, where the semiconductor giant reported better-than-expected fiscal fourth-quarter results and a sunny outlook for adjusted earnings per share.
Applied Materials, Inc. AMAT reported better-than-expected fourth-quarter results after Thursday's closing bell.
Applied Materials, Inc. (NASDAQ:AMAT ) Q4 2024 Earnings Conference Call November 14, 2024 4:30 PM ET Company Participants Liz Morali - Vice President, Investor Relations Gary Dickerson - President & Chief Executive Officer Brice Hill - Chief Financial Officer Conference Call Participants Stacy Rasgon - Bernstein Research CJ Muse - Cantor Vivek Arya - Bank of America Atif Malik - Citigroup Toshiya Hari - Goldman Sachs Timothy Arcuri - UBS Krish Sankar - TD Cowen Harlan Sur - JPMorgan Joe Quatrochi - Wells Fargo Srini Pajjuri - Raymond James Brian Chin - Stifel Joseph Moore - Morgan Stanley Vijay Rakesh - Mizuho Operator Welcome to the Applied Materials Fourth Quarter Fiscal 2024 Earnings Conference Call. During the prepared remarks, all participants will be in a listen-only mode.
While the top- and bottom-line numbers for Applied Materials (AMAT) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Applied Materials (AMAT) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.12 per share a year ago.
NEW YORK CITY, NY / ACCESSWIRE / November 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Applied Materials, Inc. ("Applied Materials" or the "Company") (NASDAQ:AMAT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Applied Materials (AMAT) reported fiscal fourth-quarter earnings that missed analysts' expectations, sending shares lower after the bell Thursday despite a revenue beat.
Applied Materials forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 4% in extended trading.
Wall Street expects Applied Materials Inc AMAT to report $2.19 in earnings per share and $6.95 billion in revenues when the company posts fourth-quarter earnings after market hours.