Insights Ahead: Lam Research's Quarterly Earnings
Portfolio Pulse from Benzinga Insights
Lam Research is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $0.80. Despite a past EPS beat, the stock saw a price drop, highlighting the influence of future projections. Analysts rate Lam Research as a 'Buy' with a significant upside potential.
October 22, 2024 | 3:02 pm
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Lam Research is expected to announce its quarterly earnings with an estimated EPS of $0.80. Despite a previous EPS beat, the stock price dropped, indicating the importance of future guidance. Analysts rate the stock as a 'Buy' with a significant upside potential.
Lam Research's upcoming earnings announcement is highly anticipated, with analysts expecting an EPS of $0.80. The stock's past performance shows that even an EPS beat can lead to a price drop if future guidance is not positive. However, the current analyst consensus is a 'Buy' with a significant upside potential, suggesting positive sentiment and potential stock price increase if earnings meet or exceed expectations.
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