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Compared to Estimates, Lam Research (LRCX) Q4 Earnings: A Look at Key Metrics

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Lam Research (LRCX - Free Report) reported $5.17 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 33.6%. EPS of $1.33 for the same period compares to $0.81 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $4.99 billion, representing a surprise of +3.64%. The company delivered an EPS surprise of +10.83%, with the consensus EPS estimate being $1.20.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Lam Research performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Leading- and non-leading-edge equipment and upgrade Revenue - Memory: 41% compared to the 43% average estimate based on two analysts.
  • Leading- and non-leading-edge equipment and upgrade Revenue - Logic/integrated device manufacturing: 7% versus 9% estimated by two analysts on average.
  • Leading- and non-leading-edge equipment and upgrade Revenue - Foundry: 52% versus 48.1% estimated by two analysts on average.
  • Revenue- Customer support-related revenue and other: $1.73 billion compared to the $1.76 billion average estimate based on five analysts. The reported number represents a change of +1.9% year over year.
  • Revenue- Systems: $3.44 billion versus the five-analyst average estimate of $3.22 billion. The reported number represents a year-over-year change of +58.4%.

View all Key Company Metrics for Lam Research here>>>

Shares of Lam Research have returned +0.3% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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