KLA Corp <KLAC.OQ> expected to post earnings of $7.05 a share - Earnings Preview
KLA Corp KLAC.OQ KLAC.O is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024
The Milpitas California-based company is expected to report a 15.0% increase in revenue to $2.758 billion from $2.4 billion a year ago, according to the mean estimate from 19 analysts, based on LSEG data.The company's guidance on July 24 2024, for the period ended September 30, was for revenue between $2.60 billion and $2.90 billion.
LSEG's mean analyst estimate for KLA Corp is for earnings of $7.05 per share. The company's EPS guidance on July 24 2024, for the period ended September 30, was between $6.40 and $7.60
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for KLA Corp is $860.00, above its last closing price of $674.35.
The company's guidance on July 24 2024 for the period ended September 30 was for gross profit margin between USD60.5% and USD62.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 6.17 | 6.15 | 6.60 | Beat | 7.4 |
Mar. 31 2024 | 4.85 | 5.01 | 5.26 | Beat | 4.9 |
Dec. 31 2023 | 5.97 | 5.91 | 6.16 | Beat | 4.2 |
Jan. 1 0001 | 5.44 | 5.41 | 5.74 | Beat | 6.2 |
Jun. 30 2023 | 4.87 | 4.85 | 5.40 | Beat | 11.2 |
Mar. 31 2023 | 5.38 | 5.32 | 5.49 | Beat | 3.1 |
Dec. 31 2022 | 7.13 | 7.10 | 7.38 | Beat | 4 |
Sep. 30 2022 | 6.22 | 6.21 | 7.06 | Beat | 13.7 |
This summary was machine generated October 29 at 02:51 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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