Lam Research (LRCX) Q2 Earnings and Revenues Beat Estimates

Lam Research (LRCX) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of$ 1.17 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.99%. A quarter ago, it was expected that this semiconductor equipment maker would post earnings of$ 1.21 per share when it actually produced earnings of $1.26, delivering a surprise of +4.13%.Over the last four qua ...