Countdown to Applied Materials (AMAT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Viewpoint - Analysts forecast a decline in Applied Materials' quarterly earnings and revenues, indicating potential challenges for the company in the upcoming earnings report [1][2]. Financial Projections - Expected earnings per share (EPS) for the upcoming quarter is $2.11, reflecting a year-over-year decline of 9.1% [1]. - Anticipated revenues are projected to be $6.7 billion, which represents a decrease of 4.8% compared to the same quarter last year [1]. Earnings Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.4%, indicating a shift in analysts' expectations [2]. - Changes in earnings projections are crucial for predicting investor reactions and short-term stock price movements [3]. Key Revenue Metrics - 'Net Revenue- Applied Global Services' is projected to be $1.60 billion, down 2.2% year-over-year [5]. - 'Net Revenue- Semiconductor Systems' is expected to reach $4.75 billion, reflecting an 8.3% decline from the prior year [5]. - 'Net Revenue- Display' is forecasted at $350.77 million, showing a significant increase of 66.2% year-over-year [5]. Geographic Sales Estimates - 'Geographic Net Sales- United States' is expected to be $723.94 million, down 37.2% from the previous year [6]. - 'Geographic Net Sales- Europe' is projected at $303.98 million, indicating a decline of 24.9% year-over-year [6]. - 'Geographic Net Sales- China' is anticipated to reach $2.00 billion, reflecting a decrease of 6.3% compared to the prior year [7]. Positive Trends in Specific Regions - 'Geographic Net Sales- Taiwan' is expected to be $1.55 billion, showing a year-over-year increase of 20.8% [8]. - 'Geographic Net Sales- Korea' is projected at $1.36 billion, indicating a growth of 16.3% year-over-year [8]. Operating Income - 'Operating Income- Display' is forecasted to be $33.97 million, a significant increase from $5.00 million reported in the same quarter last year [8]. Stock Performance - Over the past month, shares of Applied Materials have increased by 9.6%, outperforming the Zacks S&P 500 composite, which saw a change of 0.3% [9].