Benzinga | Aug 19, 2021 04:01PM EDT

Applied Materials Q3 Adj. EPS $1.90 Beats $1.77 Estimate, Sales $6.20B Beat $5.94B Estimate

Applied Materials (NASDAQ:AMAT) reported quarterly earnings of $1.90 per share which beat the analyst consensus estimate of $1.77 by 7.34 percent. This is a 79.25 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $6.20 billion which beat the analyst consensus estimate of $5.94 billion by 4.38 percent. This is a 41.07 percent increase over sales of $4.39 billion the same period last year.