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Applied Materials Inches Higher Ahead Of Earnings Tues.

Posted on May 12, 2008

The Street has weighed in with a flurry of commentary on Applied Materials (AMAT) this morning ahead of the company s announcement tomorrow of results for its fiscal second quarter ended April. The consensus view is for revenue of $2.14 billion and profits of 22 cents a share. The expectations are basically that the company will show weakness in its core semiconductor equipment sector, with strength in solar and flat-panel display segments. Here s a rundown on some of the Street comments from this morning:Satya Kumar, Credit Suisse: Kumar today trimmed his EPS estimate for the October 2008...

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earnings , eps , outperform