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Barchart
Barchart
Kritika Sarmah

What You Need to Know Ahead of Lam Research’s Earnings Release

Lam Research LRCX

With an impressive market cap of $144 billion, California-based Lam Research Corporation (LRCX) is a global leader in providing wafer fabrication equipment and services to the semiconductor industry. It has a strong global presence and expertise in areas such as nanoscale applications, chemistry, plasma and fluidics, and advanced systems engineering. LRCX is scheduled to release its fiscal 2024 Q4 earnings results before the market opens on Wednesday, July 24. 

Ahead of the event, analysts expect Lam Research to report a profit of $7.52 per share, up 25.8% from $5.98 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters.

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