Lam Research Sees Q2 Adj. EPS $0.87 =/- $0.10; Sees Q2 Revenue $4.3B +/- $300M
Portfolio Pulse from Benzinga Newsdesk
Lam Research has provided guidance for its second quarter, expecting adjusted EPS of $0.87 +/- $0.10 and revenue of $4.3 billion +/- $300 million.
October 23, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lam Research has issued guidance for Q2, forecasting adjusted EPS of $0.87 +/- $0.10 and revenue of $4.3 billion +/- $300 million. This guidance provides investors with expectations for the company's financial performance in the upcoming quarter.
The guidance provided by Lam Research sets expectations for its financial performance in the upcoming quarter. The EPS and revenue figures are within a range, indicating some uncertainty but also providing a benchmark for investors. The impact on the stock price is neutral as the guidance does not indicate a significant deviation from market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100