Applied Materials (AMAT) Tops Q1 EPS by 1c; Raises Q2 Outlook
Get Alerts AMAT Hot Sheet
EPS Growth %: -0.5%
Financial Fact:
Income before income taxes: 564M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $0.67, $0.01 better than the analyst estimate of $0.66. Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.27 billion.
GUIDANCE:
Applied Materials sees Q2 2017 EPS of $0.72-$0.80, versus the consensus of $0.63. Applied Materials sees Q2 2017 revenue of $3.45-3.6 billion, versus the consensus of $3.26 billion.
“We set new records for earnings and orders in our first quarter, and 2017 is shaping up to be an outstanding year for Applied Materials,” said Gary Dickerson, President and CEO. “Our inflection-focused innovation strategy is delivering results and we are increasingly confident that we can maintain our trajectory of sustainable growth and raise the ceiling on our performance.”
For earnings history and earnings-related data on Applied Materials (AMAT) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Procter & Gamble (PG) Tops Q3 EPS by 11c, Revenues Miss
- Abbott (ABT) Tops Q1 EPS by 2c, Offers Guidance
- Schlumberger (SLB) earnings in-line, revenue beats expectations
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!