Applied Materials Inc <AMAT.OQ> expected to post earnings of $2.29 a share - Earnings Preview

• Applied Materials Inc AMAT.OQ AMAT.O is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending January 31 2025

• The Santa Clara California-based company is expected to report a 6.5% increase in revenue to $7.141 billion from $6.71 billion a year ago, according to the mean estimate from 23 analysts, based on LSEG data.The company's guidance on November 14 2024, for the period ended January 31, was for revenue between $6.75 billion and $7.55 billion.

• ​LSEG's mean analyst estimate for Applied Materials Inc is for earnings of $2.29 per share. The company's EPS guidance on November 14 2024, for the period ended January 31, was between $2.11 and $2.47

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Applied Materials Inc is $210.00​, above​ its last closing price of $183.66. ​​​

The company's guidance on November 14 2024 for the period ended January 31 was for gross profit margin of USD48.4%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 11 at 21:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)