KLA-Tencor (KLAC) To Post Q4 Earnings: What's In The Cards?
Zacks Investment Research | Aug 02, 2019 07:31AM ET
KLA-Tencor Corporation (NASDAQ:KLAC) is set to report fourth-quarter fiscal 2019 results on Aug 5.
The company topped the Zacks Consensus Estimate in the trailing four quarters, with average of 9.23%.
KLA-Tencor delivered a positive earnings surprise of 10.43% in the last reported quarter. Fiscal third-quarter earnings of $1.80 per share surged 325% year over year.
Strong Product Portfolio — Key Catalyst
KLA-Tencor’s robust product portfolio has been catering to the increasing demand for wafer products, which is a positive for the to-be-reported quarter. The company is expected to witness improved end-market results, especially in China.
The addition of new capacity by wafer manufacturers bodes well for the quarter to be reported, given increasing demand for its new wafer products. KLA-Tencor’s efforts in bringing EUV lithography technology to the market via collaborating with every EUV customer are expected to aid the company in the fiscal fourth quarter.
KLA-Tencor Corporation Price and EPS Surprise
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