Applied Materials Set to Announce Q3 Earnings: A Fundamental and Technical Analysis

August 14, 2023


The excitement is building as Applied Materials, a global leader in semiconductor manufacturing equipment, is gearing up to report its third-quarter earnings results on August 17th, 2023. As investors eagerly await the release of the financial figures, let’s take a closer look at the company’s fundamentals, historical guidance, analysts’ estimates, and recent price performance.

Fundamental Analysis:

ReportDate NetIncome TotalRevenue DilutedEPS unit
Q2 2023-04-30 1.6 6.6 1.86 billion USD
Q1 2023-01-31 1.7 6.7 2.02 billion USD
Q4 2022-10-31 1.6 6.7 1.85 billion USD
Q3 2022-07-31 1.6 6.5 1.85 billion USD
Q2 2022-04-30 1.5 6.2 1.74 billion USD

Applied Materials has consistently demonstrated strong financial performance over the past year. In the second quarter of 2023, the company reported a net income of $1.6 billion on total revenues of $6.6 billion, resulting in a diluted EPS of $1.86 billion. These figures indicate a robust and stable financial position for the company.

Historical Guidance:

When reviewing Applied Materials‘ past year financials, we notice that the company has maintained a consistent Diluted EPS estimate of $1.72 for the current quarter across various estimates taken at different time frames. This consistency indicates management’s confidence in their projections and suggests stability in their operations. However, it’s worth noting that 90 days ago, analysts estimated the Q3 Diluted EPS to be slightly higher at $1.86 billion. This change could be attributed to various factors such as market dynamics and evolving business strategies.

Analysts Estimates:

As we focus on the upcoming earnings call, it’s essential to consider analysts’ estimates for Applied Materials. According to MorningStar consensus estimates history, the current and previous estimates for the Q3 Adjusted EPS stand at $1.72 billion. This alignment suggests that analysts have a positive outlook on the company’s earnings performance for this quarter.

Technical Analysis:

since low high change change%
1D 2023-08-09 144.8 148.9 -2.8 -1.9
5D 2023-08-03 144.8 150.7 -2.7 -1.8
1M 2023-07-11 133.5 153.3 7.6 5.5
3M 2023-05-08 112.9 153.3 29.4 25.4

From a technical perspective, Applied Materials has recently experienced some short-term price fluctuations. Over the past month, the stock price has seen a gain of 7.6%, while over the past three months, it has risen by an impressive 25.4%. These numbers indicate a robust upward trend, reflecting positive market sentiment and investor confidence. However, it’s important to note that in the last few trading days, the stock price has dipped slightly, presenting a potential buying opportunity for investors.

Engaging Users to Tune into the Earnings Call:

With Applied Materials poised to announce its Q3 earnings results, investors and market enthusiasts should mark their calendars for August 17th, 2023, at 4:30 PM EST. This upcoming earnings call will provide invaluable insights into the company’s financial performance, strategic initiatives, and industry outlook.

The consistent past performance of Applied Materials, evident from their financial figures, provides a solid foundation for optimism surrounding the upcoming earnings call. Simultaneously, the analysts’ estimates further reinforce the positive sentiment, suggesting that the company is on track to meet or exceed expectations.

Moreover, the recent price performance and technical analysis highlight the stock’s upward trajectory and strong market position. Investors who have followed Applied Materials over the years understand the significance of these trends and may be eager to capitalize on potential investment opportunities in a company with such promising long-term prospects.


As we eagerly await Applied Materials‘ earnings call, all signs point to a positive outcome. The company’s strong fundamentals, historical guidance, analysts’ estimates, and recent price performance all indicate that Applied Materials is well-positioned for success in the coming quarter.

Investors and market enthusiasts alike should tune into the earnings call to gain valuable insights into the company’s financial performance, recent initiatives, and outlook for the semiconductor industry as a whole. With a track record of stability and growth, Applied Materials continues to be at the forefront of innovation and technological advancements in the semiconductor manufacturing equipment market.

Remember to mark your calendars for August 17th, 2023, at 4:30 PM EST, as Applied Materials unveils its Q3 earnings report. This is an opportunity to gain valuable insights and make informed investment decisions. Stay tuned for what promises to be an exciting and engaging earnings call.

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