What's in Store for Applied Materials (AMAT) in Q2 Earnings?
AMATApplied Materials(AMAT) Zacks Investment Research·2024-05-15 00:41

Applied Materials, Inc. (AMAT) is set to report second-quarter fiscal 2024 results on May 16. For the fiscal second quarter, AMAT expects net sales of 6.50billion(+/−6.50 billion (+/-400 million). The Zacks Consensus Estimate for revenues is pegged at 6.51billion,suggestingadeclineof1.86.51 billion, suggesting a decline of 1.8% from the year-ago quarter’s reading. Applied Materials projects non-GAAP earnings of 1.79-2.15pershare.TheZacksConsensusEstimateforearningsispinnedat2.15 per share. The Zacks Consensus Estimate for earnings is pinned at 1.96 per share, indicating a decline of 2% from the year-ago quar ...