Lam Research Corporation expected to post earnings of $2.18 a share - Earnings Preview

Lam Research

Mon 21:04

Lam Research Corporation LRCX.OQ LRCX.O is expected to  show a rise in quarterly revenue when it reports  results on October 21 for the period ending September 30 2026
The Fremont California-based  company is expected to report a 53.1% increase in revenue to $8.153 billion from $5.32 billion a year ago, according to the mean estimate from 22 analysts, based on LSEG data.The company's guidance on July 29 2026, for the period ended September 30, was for revenue between 7.70 billion and 8.50 billion.
​LSEG's mean analyst estimate for Lam Research Corporation is for earnings of $2.18 per share. The company's EPS guidance on July 29 2026, for the period ended September 30, was between 2.00 and 2.30 
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 30 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."  
The mean earnings estimate of analysts had risen by about 0.3% in the last three months. ​
Wall Street's median 12-month price target for Lam Research Corporation is $380.00, about 44% above its last closing price of $263.94
The company's guidance on July 29 2026 for the period ended September 30 was for Earnings before Interest and Taxes between 2.9645 billion and 3.1185 billion.The company's guidance on July 29 2026 for the period ended September 30 was for gross profit margin between 51% and 53%.
Previous quarterly performance (using preferred earnings measure in US dollars). ​
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE 
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Jun. 30 2026
1.72
1.68
1.82
Beat
8.1
Mar. 31 2026
1.38
1.36
1.46
Beat
7
Dec. 31 2025
1.18
1.17
1.27
Beat
8.5​
Sep. 30 2025
1.23
1.21
1.26
Beat
4.2
​​Jun. 30 2025
1.22
1.21
1.33
Beat
9.9
Mar. 31 2025
1.01
1.01
1.04
Beat
3.4​
Dec. 31 2024
0.89
0.88
0.91
Beat
3.7
Sep. 30 2024
0.81
0.80
0.86
Beat
6.9
This summary was machine generated October 19 at 20:04 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)