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LRCX - Lam Research News Story

$587.48 -15.5  -2.6%

Last Trade - 6:05pm

Sector
Technology
Size
Large Cap
Market Cap £61.01bn
Enterprise Value £61.03bn
Revenue £9.42bn
Position in Universe 144th / 6846

Lam Research Corp expected to post earnings of $6.61 a share - Earnings Preview

Mon 19th April, 2021 9:03pm
* Lam Research Corp  LRCX.OQ   LRCX.O  is expected to show
a rise in quarterly revenue when it reports results on April 21.
* The Fremont, California-based company is expected to report  a
47.4% increase in revenue to $3.691 billion from $2.5 billion a
year ago, according to the mean estimate from 18 analysts, based
on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Lam Research Corp is
for earnings of $6.61 per share. For the same quarter last year,
the company reported earnings of $3.98 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 20 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 0.4%
in the last three months.​
* Wall Street's median 12-month price target for Lam Research
Corp is $660​, about 2.5% above​ its last closing price
of $643.71. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  5.78        5.72       6.03      Beat    5.3
 Sep. 30 2020  5.21        5.20       5.67      Beat    9.1
 Jun. 30 2020  3.97        4.05       4.78      Beat    18.1​
 Mar. 31 2020  3.78        3.98       3.98      Met     0
 Dec.          3.88​       3.85       4.01      Beat    4.1​
 31​ 2019​                                              
 Sep. 30 2019  3.02        3.01       3.18      Beat    5.7​
 Jun. 30 2019  3.44        3.42       3.62      Beat    5.7
 Mar. 31 2019  3.39        3.38       3.70      Beat    9.5
 This summary was machine generated April 19 at 20:03 GMT
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