Lam Research Q3 Earnings Preview: Memory rebound to ramp up performance

seekingalpha04-24

Lam Research (NASDAQ:LRCX) is scheduled to announce Q3 earnings results on Wednesday, April 24th, after market close. Analysts are expecting a profit of $7.30 per share (+4.4% Y/Y) on revenue of $3.73...

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Analysts are expecting a profit of $7.30 per share (+4.4% Y/Y) on revenue of $3.73...</p>\n\n<a href=\"https://seekingalpha.com/news/4092757-lam-research-q3-earnings-preview-memory-rebound-to-ramp-up-performance\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lam Research Q3 Earnings Preview: Memory rebound to ramp up performance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLam Research Q3 Earnings Preview: Memory rebound to ramp up performance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 03:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4092757-lam-research-q3-earnings-preview-memory-rebound-to-ramp-up-performance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lam Research (NASDAQ:LRCX) is scheduled to announce Q3 earnings results on Wednesday, April 24th, after market close. Analysts are expecting a profit of $7.30 per share (+4.4% Y/Y) on revenue of $3.73...</p>\n\n<a href=\"https://seekingalpha.com/news/4092757-lam-research-q3-earnings-preview-memory-rebound-to-ramp-up-performance\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LRCX","symbol_name":"拉姆研究","start_time":0,"source_url":"https://seekingalpha.com/news/4092757-lam-research-q3-earnings-preview-memory-rebound-to-ramp-up-performance","article_id":"2429214186","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429214186","pubTimestamp":1713900601,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Lam Research (NASDAQ:LRCX) is scheduled to announce Q3 earnings results on Wednesday, April 24th, after market close. Analysts are expecting a profit of $7.30 per share (+4.4% Y/Y) on revenue of $3.73","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LRCX":"拉姆研究"},"translate_title":"Lam Research第三季度盈利预测：内存反弹提升业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LRCX":1},"content_text":"Lam Research (NASDAQ:LRCX) is scheduled to announce Q3 earnings results on Wednesday, April 24th, after market close. Analysts are expecting a profit of $7.30 per share (+4.4% Y/Y) on revenue of $3.73B (-3.6% Y/Y). Investors are expecting a rebound in the memory market to benefit the company and will keep an eye out for the outlook for the year. “Confidence in a strong and extended LRCX volume ramp rises, especially in light of in-process Logic share gain and a sharp focus on ops efficiencies,” B Riley Securities said on LRCX. Over the last 2 years, LRCX has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time. Over the last 3 months, EPS estimates have seen 19 upward revisions and 0 downward. Revenue estimates have seen 8 upward revisions and 7 downward. Stifel noted, “After a CY23 underperforming WFE, Lam is poised for the reverse to occur this year (memory WFE is poised to rebound, even outgrow in CY24 helped by easier compares but also growth in High Bandwidth Memory and pent-up technology roadmap spending).” According to SA Quant rating, the company has a Hold rating. YTD, the company has outperformed the broader S&P 500 market which has risen 5.05% compared to the company’s 10.83% gain.   More on Lam Research  Lam Research: Benefiting From HBM-Driven DRAM; Initiate With 'Strong Buy' Lam Research: The Backbone Of The Semiconductor Industry Lam Research: A Favorite In The Semis - Initiating With A Buy Deutsche Bank starts coverage on KLA Corp., Applied Materials, Lam Research Huawei and partner used US tech to make advanced chips - report","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429214186"}