Applied Materials, Inc. (NASDAQ:AMAT) will release earnings for its second quarter after the closing bell on Thursday, May 14.
Analysts expect the company to report quarterly earnings of $2.68 per share, up from $2.39 per share in the year-ago period. The consensus estimate for Applied Materials’ quarterly revenue is $7.69 billion (it reported $7.1 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, Citigroup analyst Atif Malik, on Tuesday, maintained a Buy rating on Applied Materials and raised the price target from $420 to $520.
With the recent buzz around Applied Materials, some investors may be eyeing potential gains from the company’s dividends too. As of now, Applied Materials has an annual dividend yield of 0.49%, which is a quarterly dividend amount of 53 cents per share ($2.12 a year).
So, how can investors exploit its …
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