AMAT Likely to Beat Q2 Earnings Estimates: How to Play the Stock

Applied Materials (AMAT) is scheduled to report second-quarter fiscal 2025 results on May 15.For the fiscal second quarter, AMAT expects revenues to be $7.1 billion (+/- $400 million). The Zacks Consensus Estimate for revenues is pegged at $7.12 billion, suggesting a rise of 7.13% from the year-ago quarter’s reading.Applied Materials projects non-GAAP earnings to be $2.30 (+/- 18 cents). The Zacks Consensus Estimate for earnings is pegged at $2.31 per share, indicating growth of 10.5% from the year-ago quar ...