Utili
Utilized Supplies (AMAT) closed at $61.81 within the newest buying and selling session, marking a +1.88% transfer from the prior day. This transfer outpaced the S&P 500’s day by day achieve of 0.49%. Elsewhere, the Dow gained 0.28%, whereas the tech-heavy Nasdaq added 0.43%.
Coming into right this moment, shares of the maker of chipmaking gear had gained 7.49% prior to now month. In that very same time, the Laptop and Expertise sector gained 3.18%, whereas the S&P 500 gained 2.9%.
Buyers shall be hoping for energy from AMAT because it approaches its subsequent earnings launch. In that report, analysts count on AMAT to put up earnings of $0.92 per share. This may mark year-over-year progress of 13.58%. Our most up-to-date consensus estimate is looking for quarterly income of $4.10 billion, up 9.26% from the year-ago interval.
AMAT’s full-year Zacks Consensus Estimates are calling for earnings of $3.77 per share and income of $16.65 billion. These outcomes would characterize year-over-year modifications of +24.01% and +13.98%, respectively.
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