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AMAT Applied Materials Inc

204.40
6.49 (3.28%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Applied Materials Inc NASDAQ:AMAT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.49 3.28% 204.40 204.09 205.98 205.27 199.95 202.00 3,818,512 01:00:00

Applied Materials 3Q Guidance In Line With Estimates

16/05/2019 9:49pm

Dow Jones News


Applied Materials (NASDAQ:AMAT)
Historical Stock Chart


From May 2019 to May 2024

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   By Bowdeya Tweh 
 

Applied Materials Inc.'s (AMAT) guidance for the current quarter was in line with Wall Street forecasts.

The company said Thursday it expects third-quarter earnings excluding special items between 67 cents and 75 cents a share on sales of $3.375 billion to $3.675 billion.

Analysts polled by FactSet had expected adjusted earnings of 70 cents a share on $3.55 billion in revenue.

A year earlier Applied Materials had adjusted earnings of $1.20 a share on $4.47 billion in revenue.

Shares rose 3.7% to $43.20 in after-hours trading as the company's second-quarter results beat analysts' expectations.

 

Write to Bowdeya Tweh at bowdeya.tweh@wsj.com

 

(END) Dow Jones Newswires

May 16, 2019 16:34 ET (20:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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