Applied Materials Inc expected to post earnings of $4.05 a share - Earnings Preview
Applied Materials Inc AMAT.O is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending October 31 2026
The Santa Clara California-based company is expected to report a 51.4% increase in revenue to $10.299 billion from $6.8 billion a year ago, according to the mean estimate from 23 analysts, based on LSEG data.The company's guidance on August 13 2026, for the period ended October 31, was for revenue between $9.75 billion and $10.75 billion.
LSEG's mean analyst estimate for Applied Materials Inc is for earnings of $4.05 per share. The company's EPS guidance on August 13 2026, for the period ended October 31, was between $3.82 and $4.22
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 35 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Applied Materials Inc is $610.00, about 64.6% above its last closing price of $370.55
The company's guidance on August 13 2026 for the period ended October 31 was for gross profit margin of USD50.4%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jul. 31 2026 | 3.43 | 3.39 | 3.50 | Beat | 3.1 |
Apr. 30 2026 | 2.71 | 2.66 | 2.86 | Beat | 7.3 |
Jan. 31 2026 | 2.22 | 2.20 | 2.38 | Beat | 8 |
Oct. 31 2025 | 2.10 | 2.09 | 2.17 | Beat | 3.7 |
Jul. 31 2025 | 2.37 | 2.36 | 2.48 | Beat | 5.1 |
Apr. 30 2025 | 2.33 | 2.31 | 2.39 | Beat | 3.3 |
Jan. 31 2025 | 2.29 | 2.29 | 2.38 | Beat | 4.2 |
Oct. 31 2024 | 2.20 | 2.19 | 2.32 | Beat | 5.9 |
This summary was machine generated November 10 at 22:28 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)