Benzinga | Jul 31, 2020 10:55AM EDT

A Preview Of KLA's Earnings

On Monday, August 03, KLA (NASDAQ:KLAC) will release its latest earnings report. Benzinga's outlook for KLA is included in the following report.

Earnings and Revenue

Analysts expect KLA earnings of $2.41 per share. Revenue will likely be around $1.41 billion, according to the consensus estimate. KLA EPS in the same period a year ago totaled $1.780. Sales were $1.26 billion. The Wall Street consensus estimate for earnings would represent a 35.39% increase for the company. Sales would be up 1.44% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2019 Q4 2019EPS Estimate 2.28 2.58 2.20 1.73EPS Actual 2.47 2.66 2.48 1.78Revenue Estimate 1.39 B 1.48 B 1.35 B 1.26 BRevenue Actual 1.42 B 1.51 B 1.41 B 1.26 B

Stock Performance

Over the last 52-week period, shares are up 56.07%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. KLA is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/dmfcv4mr