Lam Research (LRCX) Outpaces Stock Market Gains: What You Should Know
The most recent trading session ended with Lam Research standing at $1,112.55, reflecting a +0.99% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.07% gain on the day. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%.The semiconductor equipment maker's shares have seen an increase of 9.82% over the last month, surpassing the Computer and Technology sector's gain of 8.61% and the S&P 500's gain of 4.34%.Investors will be eagerly watching for the performance of Lam Research in its upcoming earnings disclosure. The company's earnings per share are projected to be $7.52, reflecting a 25.75% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.81 billion, up 18.91% from the year-ago period.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lam Research. These revisions typically reflect the latest short-term business trends, whi