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Insights Into KLA (KLAC) Q1: Wall Street Projections for Key Metrics
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Wall Street analysts forecast that KLA (KLAC - Free Report) will report quarterly earnings of $1.18 per share in its upcoming release, pointing to a year-over-year increase of 34.1%. It is anticipated that revenues will amount to $4.05 billion, exhibiting an increase of 26.1% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain KLA metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Revenues- Specialty Semiconductor Process' at $173.38 million. The estimate indicates a change of +44.8% from the prior-year quarter.
Analysts expect 'Revenues- Service' to come in at $853.57 million. The estimate suggests a change of +14.6% year over year.
It is projected by analysts that the 'Revenues- Product' will reach $3.16 billion. The estimate indicates a change of +28.2% from the prior-year quarter.
Analysts predict that the 'Revenues- Semiconductor Process Control' will reach $3.63 billion. The estimate indicates a year-over-year change of +25.4%.
The combined assessment of analysts suggests that 'Revenues- PCB and Component Inspection' will likely reach $207.11 million. The estimate indicates a year-over-year change of +9.3%.
The consensus estimate for 'Geographic Revenues- China' stands at $1.00 billion. The estimate points to a change of -20.7% from the year-ago quarter.
The consensus among analysts is that 'Geographic Revenues- Rest of Asia' will reach $140.74 million. The estimate indicates a year-over-year change of +33.4%.
Analysts forecast 'Geographic Revenues- North America' to reach $522.77 million. The estimate indicates a year-over-year change of +75.5%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Europe & Israel' of $180.94 million. The estimate indicates a year-over-year change of +19.8%.
Analysts' assessment points toward 'Geographic Revenues- Taiwan' reaching $1.15 billion. The estimate indicates a change of +44.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Geographic Revenues- Korea' should come in at $683.67 million. The estimate indicates a year-over-year change of +128.4%.
Based on the collective assessment of analysts, 'Geographic Revenues- Japan' should arrive at $341.37 million. The estimate suggests a change of +15.6% year over year.
Over the past month, shares of KLA have returned -21% versus the Zacks S&P 500 composite's -1.2% change. Currently, KLAC carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Insights Into KLA (KLAC) Q1: Wall Street Projections for Key Metrics
Wall Street analysts forecast that KLA (KLAC - Free Report) will report quarterly earnings of $1.18 per share in its upcoming release, pointing to a year-over-year increase of 34.1%. It is anticipated that revenues will amount to $4.05 billion, exhibiting an increase of 26.1% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain KLA metrics that are commonly tracked and forecasted by Wall Street analysts.
The average prediction of analysts places 'Revenues- Specialty Semiconductor Process' at $173.38 million. The estimate indicates a change of +44.8% from the prior-year quarter.
Analysts expect 'Revenues- Service' to come in at $853.57 million. The estimate suggests a change of +14.6% year over year.
It is projected by analysts that the 'Revenues- Product' will reach $3.16 billion. The estimate indicates a change of +28.2% from the prior-year quarter.
Analysts predict that the 'Revenues- Semiconductor Process Control' will reach $3.63 billion. The estimate indicates a year-over-year change of +25.4%.
The combined assessment of analysts suggests that 'Revenues- PCB and Component Inspection' will likely reach $207.11 million. The estimate indicates a year-over-year change of +9.3%.
The consensus estimate for 'Geographic Revenues- China' stands at $1.00 billion. The estimate points to a change of -20.7% from the year-ago quarter.
The consensus among analysts is that 'Geographic Revenues- Rest of Asia' will reach $140.74 million. The estimate indicates a year-over-year change of +33.4%.
Analysts forecast 'Geographic Revenues- North America' to reach $522.77 million. The estimate indicates a year-over-year change of +75.5%.
The collective assessment of analysts points to an estimated 'Geographic Revenues- Europe & Israel' of $180.94 million. The estimate indicates a year-over-year change of +19.8%.
Analysts' assessment points toward 'Geographic Revenues- Taiwan' reaching $1.15 billion. The estimate indicates a change of +44.3% from the prior-year quarter.
According to the collective judgment of analysts, 'Geographic Revenues- Korea' should come in at $683.67 million. The estimate indicates a year-over-year change of +128.4%.
Based on the collective assessment of analysts, 'Geographic Revenues- Japan' should arrive at $341.37 million. The estimate suggests a change of +15.6% year over year.
View all Key Company Metrics for KLA here>>>Over the past month, shares of KLA have returned -21% versus the Zacks S&P 500 composite's -1.2% change. Currently, KLAC carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .