KLA-Tencor Corporation (NASDAQ:KLAC) is set to announce first quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, KLAC to report 1Q21 income of $ 2.77 per share.
For the full year, analysts anticipate top line of $ 6073.43 million, while looking forward to income of $ 11.39 per share bottom line.
The Company Outlook
Earnings for 1Q21 are anticipated in a range of $ 2.42 ~ $ 3.06 per share, while revenues are expected in a range of $ 1,405.00 million ~ $ 1,555.00 million
Click Here For More Historical Outlooks Of KLA-Tencor Corporation
Previous Quarter Performance
KLA-Tencor Corporation unwinded income for the fourth quarter of $ 2.73 per share, from the revenue of $ 1,460.00 million. The quarterly earnings expanded 53.37 percent while revenues expanded 16.02 percent compared with the same quarter last year.
The consensus estimates are income of $ 2.41 per share from $ 1418.51 million in revenue. The bottom line results beat street analysts by $ 0.32 or 13.28 percent, at the same time, top line results outshined analysts by $ 41.49 million or 2.92 percent.
Stock Performance
Shares of KLA-Tencor Corporation traded low $ -0.35 or -0.18 percent on Tuesday, reaching $ 198.59 with volume of 654.70 thousand shares. KLA-Tencor Corporation has traded high as $ 200.49 and has cracked $ 197.18 on the downward trend
According to the previous trading day, closing price of $ 198.59, representing a 80.54 % increase from the 52 week low of $ 110.19 and a 11 % decrease over the 52 week high of $ 223.54.
The company has a market capital of $ 30.80 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Analyst recommendations
- On 21st September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.90 per share on August 6, 2020. The dividend were payable on September 1, 2020 to holders of record as of the close of business on August 17, 2020 and ex-dividend date on August 14, 2020.
Conference Call
KLA-Tencor Corporation will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kla.com
KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process. It also provides reticle manufacturing products, such as reticle inspection, metrology, and data analytics systems for mask shops; and packaging manufacturing products comprising standalone and cluster inspection and metrology systems for various applications in the field of semiconductor packaging.
