Applied Materials Inc. (AMAT) released Q4 earnings, miss estimates 


Applied Materials Inc. (AMAT) released its fourth-quarter earnings after the market closed on Thursday. Applied Materials Inc. is an American corporation supplying equipment, services, and software for the manufacture of semiconductor chips for electronic devices. 

  • Revenue: $6.12 Billion
  • EPS: $1.94
Earnings Highlights 
  • Record annual revenue of $23.06 billion, up 34 percent year over year
  • Record annual GAAP operating margin of 29.9 percent, non-GAAP operating margin of 31.7 percent, GAAP EPS of $6.40 and non-GAAP EPS of $6.84
  • Quarterly revenue of $6.12 billion, up 31 percent year over year
  • Record quarterly GAAP operating margin of 32.9 percent, non-GAAP operating margin of 33.1 percent,
  • GAAP EPS of $1.89 and non-GAAP EPS of $1.94
Analysts Estimates 

The analysts had estimated the EPS to stand at $1.95 while the revenue was expected at $6.34 billion in this quarter. In the last few quarters, the company had broken the estimates from the analysts. 

Earnings History 

In the third quarter, the earnings were estimated to be $1.77 but with a surprise of 7.30%, the earnings stood at $1.9 per share. In the fourth quarter last year, the estimated earnings per share was $1.17 but the actual EPS stood at $1.25 with a 6.80% surprise. 

Earnings Forecast 

For the next quarter, I.e., the first quarter of the fiscal year 2022, the analysts have estimated the EPS to be $2.01 while the revenue has been estimated to be $6.5 bilion. 

Before the earnings, and before the markets closed, the company was trading at $158.06 up 2.08 points (1.33%) 

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