Applied Materials Announces Second Quarter 2021 Results

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Go back to Applied Materials Announces Second Quarter 2021 Results

Applied Materials (AMAT) PT Raised to $170 at Susquehanna

May 21, 2021 7:24 AM EDT

Susquehanna analyst Mehdi Hosseini raised the price target on Applied Materials (NASDAQ: AMAT) to $170.00 (from $155.00) while maintaining a Positive rating.

The analyst commented, "We are updating estimates given the underlying assumption that '21 WFE is now tracking to $75-80bn... More

Applied Materials (AMAT) Tops Q2 EPS by 12c, Q3 Guidance Beats

May 20, 2021 4:02 PM EDT

(Updated - May 20, 2021 4:03 PM EDT)

Applied Materials (NASDAQ: AMAT) reported Q2 EPS of $1.63, $0.12 better than the analyst estimate of $1.51. Revenue for the quarter came in at $5.58 billion versus the consensus estimate of $5.41 billion.

GUIDANCE:

Applied Materials sees Q3 2021 EPS of... More