{"symbol":"AMAT","fiscalQuarter":"Q2-2026","reportDate":"2026-05-14","reportTime":"AMC","status":"reported","company":{"name":"Applied Materials, Inc.","sector":"Information Technology","industry":"Semiconductor Materials & Equipment"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/AMAT/earnings/Q2-2026","estimates":{"consensusEps":2.6735,"consensusRevenue":7684.24,"epsLow":2.63,"epsHigh":2.8,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Applied Materials, Inc. (AMAT) is a leading provider of equipment and services used in the manufacturing of semiconductors. As a key player in the Information Technology sector, the company is crucial for enabling advancements in technology, including AI and cloud computing, by supplying the tools needed to produce chips.","keyMetrics":[{"name":"EPS","why":"Earnings per share (EPS) is a critical measure of profitability, and investors will be keen to see if AMAT can meet or exceed the consensus estimate.","consensus":"$2.67"},{"name":"Revenue","why":"Total revenue gives insight into the company's overall performance and demand for its products, which is especially important in the current semiconductor market.","consensus":"$7.7B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Applied Materials reported an EPS of $2.38, beating estimates by 8.53%. However, the stock fell 3.38% the following day, indicating mixed investor sentiment despite the positive earnings surprise.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect Applied Materials to report strong earnings, with a consensus EPS of $2.67. However, the stock's recent performance suggests that even a beat may not guarantee positive market reaction.","bullCase":"If AMAT exceeds EPS and revenue estimates, it could signal strong demand in the semiconductor industry, driving the stock higher.","bearCase":"If the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the high implied volatility."},"optionsSignal":{"impliedMove":"7.82%","context":"The options market is pricing in a larger-than-average move, suggesting that traders expect significant volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+8.53%","reaction":"-3.38%"},{"quarter":"Q4-2025","epsSurprise":"+2.75%","reaction":"-3.25%"},{"quarter":"Q3-2025","epsSurprise":"+5.89%","reaction":"-0.94%"},{"quarter":"Q2-2025","epsSurprise":"+3.69%","reaction":"+0.35%"},{"quarter":"Q1-2025","epsSurprise":"+4.43%","reaction":"+1.87%"}],"pivotalQuestions":[{"question":"Will AMAT's EPS exceed the consensus estimate of $2.67?","whyItMatters":"A beat on EPS could reinforce confidence in the company's growth prospects, while a miss could raise concerns about demand."},{"question":"What guidance will management provide for future revenue?","whyItMatters":"Forward-looking guidance will be crucial for understanding the company's outlook in a fluctuating semiconductor market."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $2.70 or higher with revenue exceeding $7.8B would confirm the bull case.","bearTrigger":"An EPS below $2.63 or revenue below $7.6B would confirm the bear case.","context":"This quarter's results will be pivotal in determining whether AMAT can maintain its growth trajectory amid market volatility."},"scenarioPlaybook":{"beatAndRaise":"If AMAT beats expectations and raises guidance, history suggests a potential average one-day move of +1.56%, confirming a bullish outlook.","inLineCautious":"If results are in line with expectations, management's commentary could drive a muted response, reflecting cautious sentiment.","miss":"A miss on earnings or revenue could lead to a significant decline, with historical patterns suggesting an average one-day move of -0.02%."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Semiconductors","sampleSize":30,"fadeRate":"X of Y (Z%)","insight":"This setup has occurred 30 times across Information Technology in the last 2 years. The average absolute 1-day move is 5.6%, with a raw directional average of +1.6% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may be underestimating the impact of recent technological advancements in semiconductor manufacturing, which could lead to stronger demand than anticipated.","supportingPoints":["AMAT has consistently beaten EPS estimates, indicating strong operational performance.","The options market is pricing a significant move, suggesting traders expect volatility that could reflect underlying strength.","Recent trends in semiconductor demand suggest a recovery that may not be fully reflected in current estimates."],"riskToConsensus":"If AMAT's revenue growth exceeds expectations, it could challenge the current bearish sentiment."},"whatToListenFor":["Any updates on new product launches or technological advancements in semiconductor manufacturing.","Details on customer demand trends and order backlog.","Management's outlook on the semiconductor market for the remainder of 2026.","Insights into cost management and margin expectations.","Any commentary on geopolitical factors affecting supply chains."],"metaDescription":"Applied Materials (AMAT) reports Q2 2026 earnings May 14. Analysts expect $2.67 EPS on $7.7B revenue. Here's what to watch."},"postBrief":{"headline":"Applied Materials Beats on EPS, Stock Up 0.9%","keyNumbers":[{"metric":"EPS","actual":"$2.86","expected":"$2.67","surprise":"+6.56%"},{"metric":"Revenue","actual":"\u2014","expected":"$7.7B","surprise":"\u2014"}],"managementCommentary":{"tone":"Unknown","keyQuotes":[],"summary":"No transcript is on record, and the analysis is based on numerical results only."},"guidanceChanges":{"summary":"No guidance data is available.","changes":[]},"whatItMeans":"Applied Materials reported better-than-expected earnings per share, which contributed to a positive stock reaction, with shares rising by 0.9%. However, revenue figures were not disclosed, leaving some uncertainty about overall performance. Investors may view the EPS beat as a sign of operational strength, but the lack of revenue data could lead to cautious sentiment.","metaDescription":"Applied Materials (AMAT) Q2 2026 earnings: EPS beat by 6.56%, revenue not disclosed. Stock up 0.9%. Full breakdown."}}