Applied Materials Sees Q3 Adj. EPS $1.56-$1.92 vs $1.65 Est.
Portfolio Pulse from Benzinga Newsdesk
Applied Materials expects Q3 adjusted EPS to be in the range of $1.56-$1.92, compared to the estimated $1.65.
May 18, 2023 | 8:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Applied Materials' Q3 adjusted EPS is expected to range from $1.56 to $1.92, compared to the $1.65 estimate.
Applied Materials' Q3 adjusted EPS forecast is within a wide range, which includes the estimated $1.65. This indicates uncertainty in the company's performance, but the range also suggests potential for both positive and negative outcomes. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100