Applied Mat Q3 2024 Earnings Sneak peek

The third quarter financial results of Applied Mat (NASDAQ: AMAT) will be revealed on Thursday 15th August 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.

Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $1.84 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $6.07 billion for this specific period.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $1.9. This significant amount was attributed to the company's remarkable total revenue of $6.43 billion generated during that specific period.

According to the Wall Street analysts projections, the company is expected to generate a total revenue of $24.49 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $7.63 per share during the same period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q2 2024 $2.09 +4.5% 6.65 B +0.2%
Q1 2024 $2.13 +4.9% 6.71 B -0.5%
Q4 2023 $2.12 +4.4% 6.72 B -0.4%
Q3 2023 $1.90 -2.1% 6.43 B -1.5%

*Growth on year-over-year basis

The day's trading saw Applied Mat (AMAT) shares hit a low of $197.73 and a high of $204.80, with a day volume of 4.97 million shares. The stock closed the regular trading session at $201.63, reflecting 0.41 percent advance.

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