OkayLA (KLAC) closed at $169.94 within the newest buying and selling session, marking a +0.71% tran
OkayLA (KLAC) closed at $169.94 within the newest buying and selling session, marking a +0.71% transfer from the prior day. The inventory outpaced the S&P 500’s day by day acquire of 0.41%. On the similar time, the Dow added 0.57%, and the tech-heavy Nasdaq gained 0.7%.
Previous to in the present day’s buying and selling, shares of the maker of kit for manufacturing semiconductors had gained 4.19% over the previous month. This has outpaced the Pc and Know-how sector’s acquire of two.38% and the S&P 500’s acquire of two.04% in that point.
Buyers will likely be hoping for energy from KLAC because it approaches its subsequent earnings launch, which is predicted to be October 30, 2019. In that report, analysts anticipate KLAC to submit earnings of $2.20 per share. This is able to mark a year-over-year decline of 10.57%. Our most up-to-date consensus estimate is asking for quarterly income of $1.35 billion, up 23.55% from the year-ago interval.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $9.50 per share and income of $5.57 billion, which might symbolize modifications of +12.29% and +22.01%, respectively, from the prior yr.
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