Lam Research (LRCX) Surpasses Q2 Earnings and Revenue Estimates
Lam Research (LRCX) came out with quarterly earnings of $4.01 per share, beating the Zacks Consensus Estimate of $3.81 per share. This compares to earnings of $3.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 5.25%. A quarter ago, it was expected that this semiconductor equipment maker would post earnings of $3 per share when it actually produced earnings of $3.18, delivering a surprise of 6%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Lam Research, which belongs to the Zacks Semiconductor Equipment - Wafer Fabrication industry, posted revenues of $2.58 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.22%. This compares to year-ago revenues of $2.52 billion.
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https://finance.yahoo.com/news/lam-resea...10027.html
Lam Research (LRCX) came out with quarterly earnings of $4.01 per share, beating the Zacks Consensus Estimate of $3.81 per share. This compares to earnings of $3.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 5.25%. A quarter ago, it was expected that this semiconductor equipment maker would post earnings of $3 per share when it actually produced earnings of $3.18, delivering a surprise of 6%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Lam Research, which belongs to the Zacks Semiconductor Equipment - Wafer Fabrication industry, posted revenues of $2.58 billion for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 3.22%. This compares to year-ago revenues of $2.52 billion.
...
https://finance.yahoo.com/news/lam-resea...10027.html
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