Lam Research Missed Expectations
Wednesday, April 23, 2025 at 4:05 PM ET
Lam Research (LRCX) reported earnings of $1.04 per share on revenue of $4.72 billion for the fiscal third quarter ended March 2025. The consensus earnings estimate was $1.00 per share on revenue of $4.64 billion. The Earnings Whisper number was $1.05 per share. The company missed expectations by 0.95% while revenue grew 24.43% on a year-over-year basis.
The company said it expects fourth quarter earnings of $1.10 to $1.30 per share on revenue of $4.70 billion to $5.30 billion. The current consensus earnings estimate is $0.96 per share on revenue of $4.53 billion for the quarter ending June 30, 2025.
Lam Research Corp is a supplier of wafer fabrication equipment and services to the semiconductor industry.
Earnings Whisper Grade
Power Rating
-
-
Reported Earnings
$1.04
Earnings Whisper®
$1.05
Consensus Estimate
$1.00
Earnings Surprise
Earnings Growth
Reported Revenue
$4.72 Bil
Revenue Estimate
$4.64 Bil
Revenue Surprise
Revenue Growth