KLA (NASDAQ:KLAC) reported its Q3 earnings results on Thursday, April 28, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
KLA beat estimated earnings by 6.43%, reporting an EPS of $5.13 versus an estimate of $4.82.
Revenue was up $485.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 1.34% increase in the share price the next day.
Here's a look at KLA's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.44 | 4.52 | 3.99 | 3.60 |
| EPS Actual | 5.59 | 4.64 | 4.43 | 3.85 |
| Revenue Estimate | 2.33B | 2.04B | 1.87B | 1.75B |
| Revenue Actual | 2.35B | 2.08B | 1.93B | 1.80B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
KLA management provided guidance for Q4 2022, expecting earnings between $4.93 and $6.03 per share.
To track all earnings releases for KLA visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
