Zacks Investment Research's proprietary model predicts Applied Materials will beat earnings expectations when it reports fiscal third-quarter results after the closing bell on Thursday. The model combines a Zacks Rank #2 (Buy) with a positive Earnings ESP, a configuration that has historically produced positive surprises about 70% of the time. Management guided revenues to $8.95 billion plus or minus $500 million and non-GAAP earnings of $3.36 per share plus or minus 20 cents, while the Zacks Consensus Estimate sits at $9 billion in revenue and $3.38 in earnings, implying 23.3% revenue growth and a 36.3% earnings increase from the year-ago quarter. The company has beaten estimates for sixteen consecutive quarters and delivered a trailing four-quarter average earnings surprise of over 6%, though shares trade near $550, about 25% below their year-to-date high of $739.67 amid profit-taking, a short position disclosed by Michael Burry, and China export restrictions quantified as a $600 million to $710 million revenue headwind for fiscal 2026.
Applied Materials IncZacks model predicts earnings beat, with positive ESP and Zacks Rank #2, implying strong results.
ASML Holding N.V.