Lam Research (LRCX) Tops Q1 EPS by 48c, Q2 Guidance Tops Consensus

Lam Research (NASDAQ: LRCX) reported Q1 EPS of $5.67, $0.48 better than the analyst estimate of $5.19. Revenue for the quarter came in at $3.18 billion versus the consensus estimate of $3.11 billion.

GUIDANCE:

Lam Research sees Q2 2021 EPS of $5.60 at mid-point, versus the consensus of $5.16. Lam Research sees Q2 2021 revenue of $3.1-3.5 billion, versus the consensus of $3.08 billion.

For earnings history and earnings-related data on Lam Research (LRCX) click here.

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