Applied Materials (AMAT) Q2 Earnings and Revenues Surpass Estimates

Applied Materials (AMAT) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.09%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of $1.90 per share when it actually produced earnings of $2.13, delivering a surprise of 12.11%.Over the last four qu ...