Applied Materials (AMAT) Reports Q4 Earnings: What Key Metrics Have to Say

Applied Materials (AMAT) reported $7.05 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 4.8%. EPS of $2.32 for the same period compares to $2.12 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.94 billion, representing a surprise of +1.52%. The company delivered an EPS surprise of +6.42%, with the consensus EPS estimate being $2.18.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Applied Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Corporate and Other: $18 million compared to the $25.74 million average estimate based on four analysts. The reported number represents a change of -74.7% year over year. Net Sales- Semiconductor Systems: $5.18 billion compared to the $5.11 billion average estimate based on four analysts. The reported number represents a change of +6% year over year. Net Sales- Display and Adjacent Markets: $211 million versus the four-analyst average estimate of $200.21 million. The reported number represents a year-over-year change of -29.2%. Net Sales- Applied Global Services: $1.64 billion versus the four-analyst average estimate of $1.61 billion. The reported number represents a year-over-year change of +11.4%. View all Key Company Metrics for Applied Materials here>>>Shares of Applied Materials have returned -1% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Free: 5 Stocks to Buy As Infrastructure Spending SoarsTrillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.In, you’ll discover 5 surprising stocks positioned to profit the most from the spending spree that’s just getting started in this space.Download How to Profit from the Trillion-Dollar Infrastructure Boom absolutely free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Applied Materials, Inc. (AMAT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks