KLA Corporation Sees Q2 2024 Adj EPS $5.26-$6.46 Vs $5.51 Est.; Revenue $2.45B +/- $125M Vs $2.4B Est.
Portfolio Pulse from Benzinga Newsdesk
KLA Corporation has projected its Q2 2024 adjusted EPS to be between $5.26 and $6.46, compared to the estimated $5.51. The company also expects its revenue to be around $2.45 billion, plus or minus $125 million, versus the estimated $2.4 billion.
October 25, 2023 | 8:26 pm
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POSITIVE IMPACT
KLA Corporation's Q2 2024 earnings and revenue projections are higher than estimates. This could potentially lead to a positive market reaction.
KLA Corporation's projected earnings per share (EPS) and revenue for Q2 2024 are higher than the estimates. This indicates that the company is expecting strong performance in the future, which could potentially lead to a positive market reaction and an increase in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100