Benzinga | Feb 18, 2021 04:01PM EST

Applied Materials Q1 Adj. EPS $1.39 Beats $1.28 Estimate, Sales $5.16B Beat $4.97B Estimate

Applied Materials (NASDAQ:AMAT) reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.28 by 8.59 percent. This is a 41.84 percent increase over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $5.16 billion which beat the analyst consensus estimate of $4.97 billion by 3.82 percent. This is a 23.98 percent increase over sales of $4.16 billion the same period last year.