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KLA-Tencor Earnings, Revenue Beat in Q3

imageStock Markets42 minutes ago (May 05, 2020 04:11PM ET)

(C) Reuters. KLA-Tencor Earnings, Revenue Beat in Q3

Investing.com – KLA-Tencor (NASDAQ:KLAC) reported on Tuesday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

KLA-Tencor announced earnings per share of $2.47 on revenue of $1.42B. Analysts polled by Investing.com anticipated EPS of $2.29 on revenue of $1.39B. That with comparison to EPS of $1.8 on revenue of $1.1B in the same period a year before. KLA-Tencor had reported EPS of $2.66 on revenue of $1.51B in the previous quarter. Analysts are expecting EPS of $2.18 and revenue of $1.35B in the upcoming quarter.

KLA-Tencor shares are down 12% from the beginning of the year , still down 15.70% from its 52 week high of $184.50 set on January 24. They are under-performing the Nasdaq 100 which is up 1.46% year to date.

KLA-Tencor’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.

Apple had beat expectations on Thursday with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

KLA-Tencor Earnings, Revenue Beat in Q3

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