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Stock impact report

Lam Research (LRCX) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Yahoo! Finance
Last quarter Lam Research reported revenues of $3.76 billion, down 28.8% year on year, beating analyst revenue expectations by 1.4%. It was a strong quarter for the company, with a significant improvement in its inventory levels and a solid beat of analysts' EPS estimates. Is Lam Research buy or sell heading into the earnings? Read our full analysis here, it's free This quarter analysts are expecting Lam Research's revenue to decline 3.6% year on year to $3.73 billion, improvement on the 4.7% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $7.30 per share. Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company only missed Wall St's revenue estimates once over the last two years, and has on average exceeded top line expectations by 2.3%. Looking Show less Read more
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