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Barchart
Barchart
Sohini Mondal

Lam Research Earnings Preview: What to Expect

With a market cap. of $399 billion, Lam Research Corporation (LRCX) designs, manufactures, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits across the United States, Asia, and Europe. It offers a wide range of deposition, etch, cleaning, and wafer-processing systems, along with customer support services, spares, and upgrades for the semiconductor manufacturing industry.

The Fremont, California-based company is slated to announce its fiscal Q1 2027 results after the market closes on Wednesday, Oct. 21. Ahead of this event, analysts expect LRCX to report an adjusted EPS of $2.17, a 72.2% surge from $1.26 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters.

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