Lam Research (LRCX) Tops Q2 EPS by 15c

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Lam Research (LRCX) Stock Takes a Breather Despite Another Record Quarter

October 20, 2021 6:03 PM EDT

Lam Research (NASDAQ: LRCX) shares fell 2.3% after-hours after the reported its Q2 results, representing the sixth consecutive quarter of record revenue and earnings per share. Quarterly EPS came in at $8.36, beating the consensus estimate of $8.21, and revenue at $4.3 billion (vs. Street of $4.32 billion)... More

Applied Materials (AMAT), Other Peers Trade Lower in Sympathy with Lam Research (LRCX)

October 20, 2021 4:39 PM EDT

Applied Materials (NASDAQ: AMAT) and other peers including KLA Corporation (NASDAQ: KLAC) traded lower in sympathy with Lam Research (NASDAQ: LRCX) after LRCX reported disappointing guidance.

LRCX -3.3%AMAT -1.9%KLAC -1%

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Lam Research (LRCX) October weekly option implied volatility into quarter results

October 18, 2021 10:21 AM EDT

Lam Research (NASDAQ: LRCX) October weekly call option implied volatility is at 58, November is at 34; compared to its 52-week range of 31 to 58 into the expected release of quarter results after the bell on October 19.

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Lam Research (LRCX) Earnings Preview - Stifel

October 18, 2021 7:48 AM EDT

Stifel analyst Patrick Ho reiterated a Buy rating and $790.00 price target on Lam Research (NASDAQ: LRCX) ahead of 1Q22 (Sept) earnings results on Wednesday AMC.

The analyst stated "We expect the company to at least meet and likely exceed our estimates of $4.3 billion... More