Lam Research (LRCX) Earnings Date, Estimates & Call Transcripts

$884.89
-2.53 (-0.29%)
(As of 04/24/2024 ET)

Earnings Summary

Latest
Earnings Date
Jan. 24Confirmed
Actual EPS
(Jan. 24)
$7.52 Beat By $0.46
Consensus EPS
(Jan. 24)
$7.06
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LRCX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LRCX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Lam Research Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$5.92$6.75$6.28$5.30 - $6.80
Q2 20244$6.65$7.31$6.97$6.25 - $7.75
Q3 20243$6.75$7.25$7.036.500 - 8.000
Q4 20243$7.02$7.28$7.116.750 - 8.250
FY 202414$26.34$28.59$27.39 
Q1 20252$7.83$7.97$7.90 
Q2 20252$8.49$8.72$8.61 
Q3 20252$8.33$8.38$8.36 
Q4 20252$8.49$9.38$8.94 
FY 20258$33.14$34.45$33.80 
Q1 20262$9.08$10.23$9.66 
Q2 20261$9.94$9.94$9.94 
Q3 20261$9.59$9.59$9.59 

LRCX Earnings Date and Information

Lam Research last released its quarterly earnings results on January 24th, 2024. The semiconductor company reported $7.52 EPS for the quarter, beating the consensus estimate of $7.06 by $0.46. The firm earned $3.76 billion during the quarter, compared to analyst estimates of $3.71 billion. Its quarterly revenue was down 28.8% on a year-over-year basis. Lam Research has generated $25.86 earnings per share over the last year ($25.86 diluted earnings per share) and currently has a price-to-earnings ratio of 34.2. Earnings for Lam Research are expected to grow by 20.06% in the coming year, from $28.92 to $34.72 per share.

Lam Research Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/24/2024Q4 2023$7.06$7.52+$0.46$7.82$3.71 billion$3.76 billion    
10/18/2023Q3 2023$6.15$6.85+$0.70$7.04$3.42 billion$3.48 billion      
7/26/2023Q4 2023$5.03$5.98+$0.95$5.99$3.13 billion$3.21 billion    
4/19/2023Q3$6.53$6.99+$0.46$7.97$3.85 billion$3.87 billion      
1/25/2023Q2 2023$9.95$10.71+$0.76$10.65$5.08 billion$5.28 billion    
10/19/2022Q1 2023$9.54$10.42+$0.88$10.45$4.91 billion$5.07 billion      
7/27/2022Q4 2022$7.31$8.83+$1.52$8.92$4.21 billion$4.64 billion    
4/20/2022Q3 2022$7.48$7.40($0.08)$7.50$4.24 billion$4.06 billion    
1/26/2022Q2 2022$8.46$8.53+$0.07$8.62$4.41 billion$4.23 billion    
10/19/2021Q3 2021$8.21$8.36+$0.15$8.45$4.32 billion$4.30 billion    
7/28/2021Q2 2021$7.53$8.09+$0.56$8.20$4.00 billion$4.15 billion    

Lam Research Earnings - Frequently Asked Questions

When did Lam Research announce their last quarterly earnings?

Lam Research (NASDAQ:LRCX) last announced its quarterly earning data on Wednesday, January 24, 2024. Learn more on LRCX's earnings history.

Did Lam Research beat their earnings estimates last quarter?

In the previous quarter, Lam Research (NASDAQ:LRCX) reported $7.52 earnings per share (EPS) to beat the analysts' consensus estimate of $7.06 by $0.46. Learn more on analysts' earnings estimate vs. LRCX's actual earnings.

How can I listen to Lam Research's earnings conference call?

The conference call for Lam Research's latest earnings report can be listened to online. Listen to Conference Call

How can I read Lam Research's conference call transcript?

The conference call transcript for Lam Research's latest earnings report can be read online. Read Transcript

How much revenue does Lam Research generate each year?

Lam Research (NASDAQ:LRCX) has a recorded annual revenue of $17.43 billion.

How much profit does Lam Research generate each year?

Lam Research (NASDAQ:LRCX) has a recorded net income of $4.51 billion. LRCX has generated $25.86 earnings per share over the last four quarters.

What is Lam Research's price-to-earnings ratio?

Lam Research (NASDAQ:LRCX) has a trailing price-to-earnings ratio of 34.22 and a forward price-to-earnings ratio of 30.60. The price/earnings-to-growth ratio is 3.14.

What is Lam Research's EPS forecast for next year?

Lam Research's earnings are expected to grow from $28.92 per share to $34.72 per share in the next year, which is a 20.06% increase.


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This page (NASDAQ:LRCX) was last updated on 4/25/2024 by MarketBeat.com Staff

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