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In comparison with Estimates, Utilized Supplies (AMAT) Q2 Earnings: A Have a look at Key Metrics

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For the quarter ended April 2023, Utilized Supplies (AMAT) reported income of $6.63 billion, up 6.2% over the identical interval final 12 months. EPS got here in at $2.00, in comparison with $1.85 within the year-ago quarter.

The reported income represents a shock of +3.65% over the Zacks Consensus Estimate of $6.4 billion. With the consensus EPS estimate being $1.84, the EPS shock was +8.70%.

Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s worth efficiency extra precisely.

Right here is how Utilized Supplies carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Web Gross sales- Company and Different: $57 million versus $43.81 million estimated by three analysts on common.
  • Web Gross sales- Semiconductor Techniques: $4.98 billion in comparison with the $4.85 billion common estimate based mostly on three analysts. The reported quantity represents a change of +11.6% 12 months over 12 months.
  • Web Gross sales- Show and Adjoining Markets: $168 million in comparison with the $160.13 million common estimate based mostly on three analysts. The reported quantity represents a change of -55.9% 12 months over 12 months.
  • Web Gross sales- Utilized World Providers: $1.43 billion versus $1.34 billion estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a +3.3% change.

View all Key Company Metrics for Applied Materials here>>>

Shares of Utilized Supplies have returned +13.9% over the previous month versus the Zacks S&P 500 composite’s +0.3% change. The inventory at the moment has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.

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