Utili
Utilized Supplies (AMAT) closed the latest buying and selling day at $61.17, transferring -0.23% from the earlier buying and selling session. This modification lagged the S&P 500’s every day of 0%. On the identical time, the Dow added 0.08%, and the tech-heavy Nasdaq misplaced 0.18%.
Heading into at present, shares of the maker of chipmaking tools had gained 5.18% over the previous month, outpacing the Laptop and Know-how sector’s acquire of 4.19% and the S&P 500’s acquire of three.37% in that point.
Wall Road shall be on the lookout for positivity from AMAT because it approaches its subsequent earnings report date. On that day, AMAT is projected to report earnings of $0.92 per share, which might symbolize year-over-year development of 13.58%. Our most up-to-date consensus estimate is asking for quarterly income of $4.10 billion, up 9.26% from the year-ago interval.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $3.77 per share and income of $16.65 billion, which might symbolize adjustments of +24.01% and +13.98%, respectively, from the prior yr.
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