Lam Research (NASDAQ:LRCX) is set to give its latest quarterly earnings report on Wednesday, 2022-04-20. Here's what investors need to know before the announcement.
Analysts estimate that Lam Research will report an earnings per share (EPS) of $7.58.
Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders.
Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends.
Lam Research Corporation's (NASDAQ:LRCX) short percent of float has fallen 13.01% since its last report. The company recently reported that it has 1.77 million shares sold short, which is 1.27% of all regular shares that are available for trading.
Shares of companies in the broader technology and semiconductor sectors, including Applied Materials, Inc. (NASDAQ: AMAT) and Lam Research Corporation (NASDAQ: LRCX), are trading lower amid a rise in US T
Lam Research (NASDAQ:LRCX) has outperformed the market over the past 5 years by 18.48% on an annualized basis producing an average annual return of 32.45%. Currently, Lam Research has a market capitalization of $73.30 billion.