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We've Got Our Eyes on These Earnings Tonight, Tomorrow

·3 min read
We've Got Our Eyes on These Earnings Tonight, Tomorrow

Applied Materials will report its latest quarterly results after the close Thursday, and the consensus view calls for earnings per share of $1.79 on revenue of $6.28 billion. Similar to what competitor Lam Research shared a few weeks back when it reported its June-quarter revenue, we'll be looking to see what Applied has to say about consumer end markets and chip demand. On today's Rundown video, we shared the area of greater emphasis when it comes to Applied will likely be its comments on supply chains and chip availability, and how they factor into the company's guidance.