Applied Materials (AMAT) Surpasses Q2 Earnings Estimates

Applied Materials (AMAT) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.31 per share. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.46%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of $2.28 per share when it actually produced earnings of $2.38, delivering a surprise of 4.39%.Over the last four ...