Applied Materials Delivers Record Revenue and Earnings Per Share

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Applied Materials (AMAT) PT Raised to $47 at Instinet Following 2Q

May 19, 2017 10:23 AM EDT

Instinet raised its price target on Applied Materials (NASDAQ: AMAT) to $47.00 (from $40.00) while maintaining a Buy rating. AMAT reported 2Q revenue and EPS of $3.55bn and $0.79, above the Street estimates of $3.53bn and $0.76, respectively.

AMAT guided 3Q revenue and EPS of $3.68bn and... More

Applied Materials (AMAT) PT Raised to $54 at Needham & Company on 2Q Beat; 'Strong Demand Across All Segments'

May 19, 2017 8:33 AM EDT

Needham & Company raised its price target on Applied Materials (NASDAQ: AMAT) to $54.00 (from $50.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Y. Edwin Mok notes the company delivered second quarter earnings per share and revenues above consensus... More

Applied Materials (AMAT) Tops Q2 EPS by 3c, Q3 Guidance Beats

May 18, 2017 4:03 PM EDT

Applied Materials (NASDAQ: AMAT) reported Q2 EPS of $0.79, $0.03 better than the analyst estimate of $0.76. Revenue for the quarter came in at $3.55 billion versus the consensus estimate of $3.54 billion.

GUIDANCE:

Applied Materials sees Q3 2017 EPS of $0.79-$0.87, versus the consensus of $0.68.... More