Get ready to discover the eagerly anticipated first quarter financial results of KLA Corporation (NASDAQ: KLAC) on Wednesday 30th October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
According to predictions from financial analysts on Wall Street, the enterprise is expected to report an estimated per share $7.05 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $2.76 billion during this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $11.5 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $29.7 per share during the same period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $5.74. This significant amount was the outcome of the company's total revenue, which reached an impressive $2.4 billion during that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $6.60 | +22.2% | 2.57 B | +9.1% |
| Q3 2024 | $5.26 | -4.2% | 2.36 B | -3.0% |
| Q2 2024 | $6.16 | -16.5% | 2.49 B | -16.7% |
| Q1 2024 | $5.74 | -18.7% | 2.40 B | -12.0% |
| Q4 2023 | $5.40 | -7.1% | 2.36 B | -5.3% |
| *Growth on year-over-year basis | ||||
KLAC will host a conference call with investment community on 30th October 2024 at 05:00 PM eastern time to discuss the financial results.
Monday's trading saw KLA Corporation (KLAC) shares hit a low of $670.21 and a high of $679.14, with a day volume of 1.05 million shares. The stock closed the regular trading session at $674.35, indicating 0.19 percent advance.
