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Home > News > Foolish Forecast: Applied Materials Ready to Leap

August 14th, 2006

Foolish Forecast: Applied Materials Ready to Leap

Abstract:
Rich Smith: Investors in Applied Materials (Nasdaq: AMAT) don't usually fear earnings season. Over the last 22 reporting quarters, the company has "missed estimates" just once. But tomorrow's a bit different: Recently, the company has been able to leap Wall Street's hurdles simply by not letting its earnings decline as much as expected. Tomorrow, to make the Street happy, it will need to more than double last year's profits.

Source:
fool.com

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