The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Applied Materials's revenues will wane -29.2% and EPS will shrink -83.3%.
The average estimate for revenue is $1.55 billion. On the bottom line, the average EPS estimate is $0.03.
Last quarter, Applied Materials booked revenue of $1.65 billion. GAAP reported sales were 25% lower than the prior-year quarter's $2.18 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.06. GAAP EPS were -$0.42 for Q4 versus $0.35 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 36.5%, 250 basis points worse than the prior-year quarter. Operating margin was -1.5%, 1,850 basis points worse than the prior-year quarter. Net margin was -31.3%, 5,220 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $7.75 billion. The average EPS estimate is $0.59.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,016 members out of 2,132 rating the stock outperform, and 116 members rating it underperform. Among 478 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 456 give Applied Materials a green thumbs-up, and 22 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Applied Materials is outperform, with an average price target of $12.97.
Is Applied Materials the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Applied Materials to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. TMFDisclosureHere