Applied Materials (AMAT) Tops Q1 EPS by 5c, Q2 Guidance Beats Consensus

Applied Materials (NASDAQ: AMAT) reported Q1 EPS of $0.98, $0.05 better than the analyst estimate of $0.93. Revenue for the quarter came in at $4.16 billion versus the consensus estimate of $4.11 billion.

GUIDANCE:

Applied Materials sees Q2 2020 EPS of $0.98-$1.10, versus the consensus of $0.92. Applied Materials sees Q2 2020 revenue of $4.34 billion at mid-point, versus the consensus of $4.05 billion.

For earnings history and earnings-related data on Applied Materials (AMAT) click here.

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