These Analysts Slash Their Forecasts On Applied Materials Following Q4 Earnings

Applied Materials, Inc. AMAT reported better-than-expected fourth-quarter results after Thursday's closing bell. Applied Materials reported quarterly earnings of $2.32 per share, which beat the analyst consensus estimate of$2.19. Quarterly revenue clocked in at $7.05 billion, which beat the analyst consensus estimate of$6.95 billion and is an increase over sales of $6.72 billion from the same period last year. "Applied Materials' technology leadership and strong execution drove record Q4 and fiscal 2024 p ...