Lam Research Corp <LRCX.OQ> expected to post earnings of $1.01 a share - Earnings Preview

• Lam Research Corp LRCX.OQ LRCX.O is expected to show a rise in quarterly revenue when it reports results on April 23 for the period ending March 31 2025

• The Fremont California-based company is expected to report a 22.5% increase in revenue to $4.646 billion from $3.79 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.The company's guidance on January 29 2025, for the period ended March 31, was for revenue between 4.35 billion and 4.95 billion.

• ​LSEG's mean analyst estimate for Lam Research Corp is for earnings of $1.01 per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Lam Research Corp is $90.00​, above​ its last closing price of $63.76. ​​​

The company's guidance on January 29 2025 for the period ended March 31 was for Earnings before Interest and Taxes between 1.3485 billion and 1.6335 billion.The company's guidance on January 29 2025 for the period ended March 31 was for gross profit margin between 47% and 49%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated April 21 at 20:06 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)