Applied Materials (AMAT) Q1 Earnings and Revenues Top Estimates

Applied Materials (AMAT) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.11%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of $1.98 per share when it actually produced earnings of $2.12, delivering a surprise of 7.07%.Over the last four ...