Analysts Like AMAT & ROST After Earnings

Applied Materials' (AMAT) earnings were released yesterday, May 18th. Its adjusted EPS came in at $2.00 versus an estimated $1.84 and revenue came in at $6.63B versus an estimated $6.40B. Renita Young discusses this as Berenberg and Stifel had a buy rating on the stock, JPMorgan and Wells Fargo have an overweight rating and Susquehanna has a neutral rating. AMAT sees 3Q sales at $6.15B. Ross Stores (ROST) earnings were also released today. Its adjusted EPS came in at $1.09 versus an estimated $1.06 and its revenue came in at $4.49B versus an estimated $4.49B. ROST sees 2Q comparable store sales relatively flat. Tune in to find out more about the stock market today.