Benzinga | Nov 12, 2020 04:02PM EST

Applied Materials Q4 Adj. EPS $1.25 Beats $1.17 Estimate, Sales $4.69B Beat $4.60B Estimate

Applied Materials (NASDAQ:AMAT) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.17 by 6.84 percent. This is a 56.25 percent increase over earnings of $0.80 per share from the same period last year. The company reported quarterly sales of $4.69 billion which beat the analyst consensus estimate of $4.60 billion by 1.96 percent. This is a 24.93 percent increase over sales of $3.75 billion the same period last year.