Applied Materials posts strong Q3 results, boosts Q4 outlook
Applied Materials reports better-than-expected third-quarter results and guides fourth-quarter revenue to $10.25 billion ± $500 million and adjusted EPS of $3.82–$4.22 versus $9.54 billion revenue and $3.69 EPS estimates.
With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Suncrete Inc. (NASDAQ: RMIX ) to post a quarterly loss of 5 cents per share on revenue of $99.98 million before the opening bell, according to data Pro.
Suncrete shares fell 1.5% to close at $18.82 on Thursday.
Applied Materials Inc. (NASDAQ: AMAT ) posted better-than-expected financial results for the third quarter and issued strong guidance for the current quarter.
Applied Materials guided for fourth-quarter revenue of $10.25 billion, plus or minus $500 million, versus estimates of $9.54 billion.
The company anticipates fourth-quarter adjusted earnings of $3.82 to $4.22 per share, versus estimates of $3.69 per share.
Applied Materials shares fell 2.5% to close at $534.54 on Thursday.
Analysts are expecting Bally’s Corp. (NYSE: BALY ) to post a quarterly loss of $1.14 per share on revenue of $788.52 million.
The company will release earnings after the markets close.
Bally’s shares fell 2.2% to $13.20 in after-hours trading.
Check out our premarket coverage here Globant SA (NYSE: GLOB ) reported mixed second-quarter financial results and cut its FY26 guidance below estimates.
Globant reported quarterly earnings of $1.40 per share, which missed the analyst consensus estimate of $1.50 per share.
The company reported quarterly sales of $614.417 million, which beat the analyst consensus estimate of $613.062 million.
Globant shares dipped 13.6% to $35.43 in the after-hours trading session.
Sensus Healthcare Inc. (NASDAQ: SRTS ) reported worse-than-expected second-quarter financial results.
Sensus Healthcare shares dipped 10.1% to $2.84 in the after-hours trading session.
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