Major Earnings Scheduled for Release After Thursday's Close

Several major companies are set to release earnings after the close on Thursday, including Applied Materials (AMAT), Bionano Genomics (BNGO), Nu Holdings Ltd. (NU), and Vuzix Corporation (VUZI). Other notable earnings releases include BAP, BRFS, BTBT, BTCM, and CLIR.

Several major companies are set to release earnings after the close on Thursday, including Applied Materials (AMAT), Bionano Genomics (BNGO), Nu Holdings Ltd. (NU), and Vuzix Corporation (VUZI). Other notable earnings releases include BAP, BRFS, BTBT, BTCM, and CLIR.

Among these, Applied Materials (AMAT) is scheduled to report its third-quarter fiscal 2025 results on August 14. The company expects net sales of $7.2 billion, with a projected non-GAAP earnings per share (EPS) of $2.35. The Zacks Consensus Estimate for revenues is pegged at $7.2 billion, indicating a rise of 6.2% from the year-ago quarter’s reading. Applied Materials projects non-GAAP earnings of $2.35 per share, suggesting growth of 10.4% from the year-ago quarter’s reported figure [1].

Applied Materials is well-positioned to capitalize on the growing demand for advanced semiconductor chips that power AI-based data centers. The company's strong capabilities in logic and its position in DRAM patterning are likely to have contributed to its third-quarter results. However, escalating tensions between the United States and China, along with supply-chain constraints and weak spending in the LCD equipment market, may have acted as headwinds [1].

Investors should also keep an eye on Bionano Genomics (BNGO), which is set to release its earnings results on Thursday. Bionano Genomics specializes in DNA analysis and has been making strides in the genomics sector. Its earnings report will provide insights into the company's performance in the second quarter of fiscal 2025.

Additionally, Nu Holdings Ltd. (NU) and Vuzix Corporation (VUZI) are expected to release their earnings after the close on Thursday. Nu Holdings, a fintech company, has been expanding its services in the digital banking sector, while Vuzix, known for its augmented reality (AR) technology, has been focusing on the development of AR glasses and related products.

Other notable earnings releases include BAP, BRFS, BTBT, BTCM, and CLIR. These companies operate in various sectors, including aerospace, food and beverage, and technology, and their earnings reports will provide valuable information for investors and financial professionals.

Investors are advised to closely monitor these earnings releases to gain insights into the financial health of these companies and make informed investment decisions.

References:
[1] https://finance.yahoo.com/news/applied-materials-q3-earnings-play-153700961.html