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Stock impact report

Why Lam Research (LRCX) Dipped More Than Broader Market Today [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
The stock's change was less than the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%. Coming into today, shares of the semiconductor equipment maker had gained 4.05% in the past month. In that same time, the Computer and Technology sector gained 6.81%, while the S&P 500 gained 5.34%. The upcoming earnings release of Lam Research will be of great interest to investors. The company is predicted to post an EPS of $7.23, indicating a 3.43% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.71 billion, down 4.22% from the prior-year quarter. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $28.88 per share and revenue of $14.72 billion. These totals would mark changes of -15.48% and -15.54%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates fo Show less Read more
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