News Breaks |
|
|
| November 15, 2012 |
| 13:40 EDT |  | AMAT | Earnings Preview: Applied Materials to report decline in silicon system revenue
Applied Materials (AMAT) is expected to report Q4 earnings after the market close on Thursday, November 15, with a conference call scheduled for 4:30 pm ET. The consensus estimate is 3c for EPS and $1.58B for revenue, according to First Call. Like most of the semi group, Applied Materials has had a tough year. Revenues and EPS have fallen year-over-year for four straight quarters. Guidance from the last earnings call for Q4 is adjusted EPS of 0c-6c on revenue that is 25%-40% lower than Q3's $2.34B. Piper Jaffray estimates Q4 sales to decline 33% to $1.56B, in-line with its guidance. The firm believes silicon systems revenues were down 50% quarter-over-quarter to $773M which likely is the near term trough. Overall orders for Q4 were down 17% quarter-over-quarter to $1.49B. Piper sees 1Q13 orders to grow 10% quarter-over-quarter compared to their prior view of a big snap-back. Overall orders likely improve 5% quarter-over-quarter, with Silicon orders expected to be up 10% quarter-over-quarter. Piper views the Solar segment to remain dormant while the Display segment recovers modestly. |
|
|
News For AMAT From The Last 14 Days Check below for free stories on AMAT the last two weeks. |
|
|
| May 20, 2013 |
| 06:31 EDT |  | AMAT | Applied Materials implied volatility at lower end of index mean range
 Subscribe for More Information |
|
| May 17, 2013 |
| 13:47 EDT |  | AMAT | Applied Materials price target raised to $18 from $16 at Argus
Subscribe for More Information |
|
| 10:07 EDT |  | AMAT | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. |
|
| 07:28 EDT | | AMAT | Applied Materials downgraded to Neutral from Buy at DA Davidson
DA Davidson downgraded Applied Materials due to valuation. |
|
| May 16, 2013 |
| 16:01 EDT | | AMAT | Applied Materials sees Q3 adjusted EPS 16c-20c, consensus 19c
Subscribe for More Information |
|
| 15:59 EDT | | AMAT | Applied Materials reports Q2 EPS 16c, consensus 13c
Subscribe for More Information |
|
| 15:14 EDT | | AMAT | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c. |
|
| 07:29 EDT | | AMAT | Applied Materials outer month volatility low, shares near two-year high into Q2
Subscribe for More Information |
|
| May 14, 2013 |
| 10:01 EDT |  | AMAT | On The Fly: Analyst Upgrade Summary
Subscribe for More Information |
|
| 09:03 EDT | | AMAT | Applied Materials upgraded to Outperform from Sector Perform at Pacific Crest
Subscribe for More Information |
| |
|
|
|
|
