KLA (KLAC) Q4 Earnings and Revenues Surpass Estimates

Over the last four quarters, the company has surpassed consensus EPS estimates four times. KLA shares have added about 38.9% since the beginning of the year versus the S&P 500's gain of 16.5%. Ahead of this earnings release, the estimate revisions trend for KLA: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform ...