Applied Materials (NASDAQ:AMAT) reported its Q1 earnings results on Wednesday, February 16, 2022 at 04:01 PM. Here's what investors need to know about the announcement. Earnings Applied Materials beat estimated earnings
Applied Materials (NASDAQ:AMAT) reported its Q1 earnings results on Wednesday, February 16, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Applied Materials beat estimated earnings by 2.16%, reporting an EPS of $1.89 versus an estimate of $1.85.
Revenue was up $1.11 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01, which was followed by a 5.49% drop in the share price the next day.
Here's a look at Applied Materials's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.95 | 1.77 | 1.51 | 1.28 |
| EPS Actual | 1.94 | 1.90 | 1.63 | 1.39 |
| Revenue Estimate | 6.34B | 5.94B | 5.41B | 4.97B |
| Revenue Actual | 6.12B | 6.20B | 5.58B | 5.16B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
