Applied Materials Sees Q4 EPS $1.82-$2.18 Vs $1.61 Est.; Revenue Of $6.51B +/- $400M Vs $5.86B Est.
Portfolio Pulse from Happy Mohamed
Applied Materials has projected its Q4 EPS to be between $1.82 and $2.18, higher than the estimated $1.61. The company also expects its net sales to be around $6.51 billion, which is also higher than the estimated $5.86 billion.
August 17, 2023 | 8:05 pm
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POSITIVE IMPACT
Applied Materials' higher than expected Q4 EPS and net sales projections could potentially boost investor confidence and positively impact the company's stock price in the short term.
Applied Materials' Q4 EPS and net sales projections are higher than the estimates. This positive outlook could boost investor confidence in the company's performance, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100