KLA-Tencor Corp. (KLAC) to Release Earnings on Thursday
KLA-Tencor Corp. (NASDAQ:KLAC) is set to post its quarterly earnings results on Thursday, January 23rd. KLA-Tencor Corp. has set its Q2 guidance at $0.67-0.87 EPS.Investors interested in participating in the company’s conference call can do so using this link.
KLA-Tencor Corp. (NASDAQ:KLAC) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.02. The company had revenue of $658.30 million for the quarter, compared to the consensus estimate of $657.50 million. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was down 8.7% on a year-over-year basis. On average, analysts expect KLA-Tencor Corp. to post $3.80 EPS for the current fiscal year and $4.71 EPS for the next fiscal year.
Shares of KLA-Tencor Corp. (NASDAQ:KLAC) opened at 62.44 on Wednesday. KLA-Tencor Corp. has a 52-week low of $50.23 and a 52-week high of $67.05. The stock’s 50-day moving average is $62.83 and its 200-day moving average is $61.19. The company has a market cap of $10.406 billion and a P/E ratio of 20.44.
KLAC has been the subject of a number of recent research reports. Analysts at Jefferson Research upgraded shares of KLA-Tencor Corp. from a “hold” rating to a “buy” rating in a research note to investors on Friday, January 3rd. On the ratings front, analysts at UBS AG raised their price target on shares of KLA-Tencor Corp. from $63.50 to $70.00 in a research note to investors on Monday, October 28th. They now have a “buy” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of KLA-Tencor Corp. in a research note to investors on Monday, October 28th. They now have a $67.00 price target on the stock. Six research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $64.07.
KLA-Tencor Corporation (NASDAQ:KLAC) is engaged in the design, manufacture and marketing of process control and yield management solutions for the semiconductor and related nanoelectronics industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.