Applied Materials (AMAT) reports Q4 results tomorrow

Manufacturer of semiconductor machinery -used materials (NASDAQ: AMAT) reports results tomorrow after market hours. Here’s what to look for.

Applied Materials beat analysts’ revenue expectations by 1.2% last quarter and reported revenue of $ 7.05 billion, an increase of 4.8% year by year. It was a strong quarter for the company with an impressive beat of analysts’ EPS estimates and a significant improvement in its storage levels.

Are the materials used a purchase or sale that goes into earnings? Read our full analysis here, it’s free.

This quarter expects analysts that the revenue of used materials will grow 6.5% year by year to $ 7.14 billion, which is improved from its flat revenue in the same quarter last year. Adjusted earnings are expected to enter $ 2.30 per year. Stock.

Analysts covering the company have generally confirmed their estimates over the past 30 days, suggesting that they expect the company to remain the course on its way into earnings. Applied Materials has a history of exceeding Wall Street’s expectations that beat revenue estimates every single time in the last two years by 2.5% on average.

Looking at the peers of used materials in the semiconductor production segment, some have already reported on their Q4 results, giving us a tip on what to expect. FormFactor delivered revenue growth from year to year at 12.7%, met analysts’ expectations, and KLA Corporation reported a turnover of 23.7%and topping estimates by 4.5%. FormFactor traded down 6.8% after the results, while KLA Corporation’s share price was unchanged.

Read our full analysis of FormFactor’s results here and KLA Corporation’s results here.

Investors in the semiconductor production segment have had quite stable hands that are in earnings, with stock prices on average 1.4% on average over the past month. Applied Materials has increased by 5.5% over the same time and is on its way into earnings with an average analyst price target of $ 210.42 (compared to the current share price of $ 183.20).

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