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LRCX - Lam Research News Story

$586.22 -3.7  -0.6%

Last Trade - 21/09/21

Sector
Technology
Size
Large Cap
Market Cap £61.32bn
Enterprise Value £60.78bn
Revenue £10.71bn
Position in Universe 148th / 7157

Lam Research Corp expected to post earnings of $7.55 a share - Earnings Preview

Mon 26th July, 2021 11:47pm
* Lam Research Corp  LRCX.OQ   LRCX.O  is expected to show a
rise in quarterly revenue when it reports results on July 28. 
* The Fremont, California-based company is expected to report 
 a 43.6% increase in revenue to $4.01 billion from $2.79 billion
a year ago, according to the mean estimate from 19 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lam Research Corp is
for earnings of $7.55 per share. For the same quarter last year,
the company reported earnings of $4.78 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 22 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Lam Research
Corp is $747.5​, about 14.3% above​ its last closing price
of $640.39. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  6.64        6.62       7.49      Beat    13.2
 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.          3.78​       3.98       3.98      Met     0​
 31​ 2020​                                              
 Dec. 31 2019  3.88        3.85       4.01      Beat    4.1​
 Sep. 30 2019  3.02        3.01       3.18      Beat    5.7
 Jun. 30 2019  3.44        3.42       3.62      Beat    5.7
 This summary was machine generated July 26 at 22:47 GMT.  All
figures in US dollars unless otherwise stated
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