A Look at Applied Materials’ Stock Returns and Valuations
AMAT stock was impacted by the company’s third-quarter 2018 results (year ending in October). Applied Materials expects revenue of $4 billion with EPS of $0.96 in Q4 2018, which is more than 10% lower than Wall Street revenue estimates of $4.5 billion and EPS projections of $1.17. The ongoing trade war and the earnings cliff have impacted several semiconductor stocks.