KLA Stock Outpaces Market as Earnings Forecast Points to EPS of $1.18

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Summary · why it matters

KLA shares rose 2.76% to close at $200.31, outpacing the S&P 500's 0.2% daily gain, while the Dow and the Nasdaq each added 0.04%. The semiconductor equipment maker's stock has climbed 13.16% over the past month, ahead of the Computer and Technology sector's 4.78% gain and the S&P 500's 0.35% loss. For its upcoming earnings disclosure, KLA is forecast to report an EPS of $1.18, a 34.09% increase from the year-ago quarter, on revenue of $4.04 billion, up 26.02%. For the full year, the Zacks Consensus Estimates forecast earnings of $5.42 per share and revenue of $17.84 billion, changes of +44.15% and +31.35% respectively from the prior year. KLA currently holds a Zacks Rank of #4 (Sell), with a Forward P/E ratio of 35.99 versus an industry average of 20.73 and a PEG ratio of 1.73 against an industry average of 1.39.

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KLA Corporation
KLAC
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KLA is forecast to report EPS of $1.18 (+34.09%) on revenue of $4.04B (+26.02%), with full-year estimates of $5.42 EPS and $17.84B revenue.