Applied Materials beat Investing.com’s estimates by $0.09.

Investing.com – Applied Materials (NASDAQ: ) reported third-quarter EPS of $2.12, beating the analyst estimate of $2.03 by $0.09. Revenue for the quarter was $6.78 billion, compared to the consensus estimate of $6.68 billion.

Guidance

Applied Materials sees Q4 2024 EPS of $2.00-$2.36, compared to analyst consensus of $2.14.

Applied Materials sees revenue of $6.93 billion in Q4 2024, compared to analysts’ consensus estimates of $6.91 billion.

Applied Materials’ stock price closed at $211.83. It is down -0.12% over the past 3 months and up 53.22% over the past 12 months.

Applied Materials has had 18 positive EPS revisions and 4 negative EPS revisions over the past 90 days. See past Applied Materials stock price reactions to earnings here.

According to InvestingPro, Applied Materials’ financial health score is “outperform.”

See Applied Materials and Applied Materials financial information here.

Stay up-to-date on all upcoming earnings reports by visiting Investing.com’s earnings calendar