Applied Materials (AMAT) Tops Q4 Earnings and Revenue Estimates

Applied Materials (AMAT) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of$ 2.18 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.42%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of$ 2.01 per share when it actually produced earnings of $2.12, delivering a surprise of 5.47%. Over the last fou ...