Applied Materials, Inc. (NASDAQ:AMAT) manufacturer of semiconductor equipments, is reporting fourth quarter earnings results on Thursday 12th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.17 per share.
For the full year, analysts predict revenues of $ 17084.30 million, while looking forward to income of $ 4.06 per share.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 1.11 ~ $ 1.23 per share, while revenues are expected in a range of $ 4,400.00 million ~ $ 4,800.00 million
Click Here For More Historical Outlooks Of Applied Materials, Inc.
Previous Quarter Performance
Applied Materials, Inc. posted income for the third quarter of $ 1.06 per share, from the revenue of $ 4,395.00 million. The quarterly earnings 32.50 percent while revenues escalated 17.08 percent compared with the same quarter last year.
Wall street analysts are predicting, AMAT to report 3Q20 income of $ 1.02 per share from revenue of $ 4372.19 million. The bottom line results beat street analysts by $ 0.04 or 3.92 percent, at the same time, top line results outshined analysts by $ 22.81 million or 0.52 percent.
Stock Performance
Shares of Applied Materials, Inc. traded up $ 1.77 or 2.55 percent on Wednesday, reaching $ 71.16 with volume of 7.95 million shares. Applied Materials, Inc. has traded high as $ 71.70 and has cracked $ 69.88 on the downward trend
The closing price of $ 71.16, representing a 89.38 % increase from the 52 week low of $ 36.64 and a 8.61 % decrease over the 52 week high of $ 75.93.
The company has a market capital of $ 64.99 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.22 per share on August 31, 2020. The dividend were payable on December 10, 2020 to holders of record as of the close of business on November 19, 2020 and ex-dividend date on November 18, 2020.
Conference Call
Applied Materials, Inc. will be hosting a conference call at 4:30 PM eastern time on 12th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.appliedmaterials.com
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets.
