Applied Materials-AMAT Q1 Earnings Beat: Will a Weak Guidance Drag the Stock Down?

Applied Materials (AMAT) ended first-quarter fiscal 2025 on a strong note by reporting better-than-expected results. First-quarter non-GAAP earnings of $2.38 per share surpassed the Zacks Consensus Estimate by 4.4% and improved 12% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.AMAT’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 7.5%.Applied Materials’ first-quarter fiscal 2025 revenues of$ 7.17 billion b ...