Lam Research (NASDAQ:LRCX) reported its Q4 earnings results on Wednesday, July 27, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Lam Research beat estimated earnings by 20.63%, reporting an EPS of $8.83 versus an estimate of $7.32.
Revenue was up $491.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 2.48% drop in the share price the next day.
Here’s a look at Lam Research’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 7.58 | 8.51 | 8.21 | 7.55 |
| EPS Actual | 7.40 | 8.53 | 8.36 | 8.09 |
| Revenue Estimate | 4.26B | 4.41B | 4.32B | 4.01B |
| Revenue Actual | 4.06B | 4.23B | 4.30B | 4.14B |
To track all earnings releases for Lam Research visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
