KLA Expects Q4 Total Revenues Of $2.50B +/- $125M (Est $2.417B), Adj EPS Of $6.07 +/- $0.60 (Est $5.68)
Portfolio Pulse from Benzinga Newsdesk
KLA announced its Q4 revenue expectation to be around $2.50 billion, plus or minus $125 million, surpassing the estimated $2.417 billion. Additionally, the adjusted EPS is forecasted to be $6.07, plus or minus $0.60, exceeding the estimated $5.68.
April 25, 2024 | 8:42 pm
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KLA's Q4 revenue and adjusted EPS forecasts exceed analyst estimates, indicating a positive outlook for the company's financial performance.
KLA's announcement of higher-than-expected revenue and EPS forecasts for Q4 suggests a strong financial performance, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100