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LRCX - Lam Research News Story

$586.22 -3.7  -0.6%

Last Trade - 9:00pm

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

Lam Research Corp reports results for the quarter ended in June - Earnings Summary

Wed 28th July, 2021 11:17pm
* Lam Research Corp  LRCX.OQ  reported quarterly adjusted
earnings of $8.09​​ per share for the quarter ended in June. The
mean expectation of twenty one analysts for the quarter was
for earnings of $7.55 per share.
* Revenue rose 48.5% to $4.15 billion from a year ago;  analysts
expected $4.01 billion. 
* Lam Research Corp's reported EPS for the quarter was $7.98​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Lam Research Corp shares had fallen by 4.3% this quarter and
gained 31.8% so far this year.
* The company reported quarterly net income of $1.14 billion.
* Wall Street's median 12-month price target for Lam Research
Corp is $747.50 
* 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." 
This summary was machine generated July 28 at 10:17 p.m.  ​All
figures in US dollars unless otherwise stated
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