Lam Research earnings beat by $0.05, revenue topped estimates

investing.com 23/10/2024 - 20:09 PM

Investing.com – Lam Research (NASDAQ: LRCX) reported third quarter EPS of $0.86, $0.05 better than the analyst estimate of $0.81. Revenue for the quarter came in at $4.17B versus the consensus estimate of $4.05B.

Guidance

Lam Research sees Q2 2025 EPS of $0.77-$0.97 versus the analyst consensus of $0.85.

Lam Research sees Q2 2025 revenue of $4.00B-$4.60B versus the analyst consensus of $4.22B.

Lam Research's stock price closed at $73.01. It is down -18.39% in the last 3 months and up 20.87% in the last 12 months.

Lam Research saw 9 positive EPS revisions and 11 negative EPS revisions in the last 90 days. See Lam Research's stock price’s past reactions to earnings here.

According to InvestingPro, Lam Research's Financial Health score is "good performance".

Check out Lam Research's recent earnings performance, and Lam Research's financials here.

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