On Wednesday 23rd October 2024, investors and market participants can expect the release of Lam Research Corporation (NASDAQ: LRCX) first quarter financial results. This crucial announcement will be made after market close.
According to the predictions of financial experts on Wall Street, the business is set to unveil an estimated $0.80 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $4.05 billion for the specific period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $6.85. This numbers can be credited to the company's total revenue, which amounted to an impressive $3.48 billion during the same quarter.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $17.32 billion. Additionally, they expect the company to report per share profit of $3.55 for the fiscal year.
In addition, The firm will review the first quarter financial results on 23rd October 2024 at 05:00 PM eastern time, in a conference call with public.
Lam Research Corporation (LRCX) closed Monday's regular trading session at $72.84, marking a 0.00 percent , with a volume of 12.37 million shares.
