Here's What Key Metrics Tell Us About Applied Materials (AMAT) Q2 Earnings

For the quarter ended April 2024, Applied Materials (AMAT) reported revenue of $6.65 billion, up 0.2% over the same period last year. EPS came in at $2.09, compared to $2.00 in the year-ago quarter.The reported revenue represents a surprise of +2.04% over the Zacks Consensus Estimate of $6.51 billion. With the consensus EPS estimate being $1.97, the EPS surprise was +6.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...