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Recap: Lam Research Q4 Earnings

Lam Research (NASDAQ:LRCX) reported its Q4 earnings results on Wednesday, July 27, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Benzinga · 07/27/2022 17:39

Lam Research (NASDAQ:LRCX) reported its Q4 earnings results on Wednesday, July 27, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Lam Research beat estimated earnings by 20.63%, reporting an EPS of $8.83 versus an estimate of $7.32.

Revenue was up $491.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.18 which was followed by a 2.48% drop in the share price the next day.

Here's a look at Lam Research's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 7.58 8.51 8.21 7.55
EPS Actual 7.40 8.53 8.36 8.09
Revenue Estimate 4.26B 4.41B 4.32B 4.01B
Revenue Actual 4.06B 4.23B 4.30B 4.14B

To track all earnings releases for Lam Research VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.