Pre-Q4 Earnings: How Should You Play Lam Research (LRCX)?
LRCXLam Research(LRCX) ZACKS·2024-07-30 01:55

Lam Research (LRCX) is scheduled to release its fourth-quarter fiscal 2024 results on Jul 31. For fourth-quarter fiscal 2024, the company expects revenues of $3.8 billion (+/- $300 million). The Zacks Consensus Estimate for the same is pegged at $3.81 billion, indicating 18.9% growth from the figure reported in the year-ago quarter.Management expects non-GAAP earnings of $7.50 (+/- 75 cents) per share. The consensus mark for earnings is pegged at $7.52 per share, indicating growth of 25.8% from the figure r ...