Lam Research(US:LRCX) ZACKS·2025-10-01 17:11Core Insights - Lam Research (LRCX) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 7.42% [1][2] - The company reported earnings of $1.33 per share for the last quarter, surpassing the Zacks Consensus Estimate of $1.20 per share by 10.83% [2] - Lam Research's positive Earnings ESP of +1.30% indicates a bullish outlook from analysts regarding the company's earnings prospects [8] Earnings Performance - In the previous quarter, Lam Research was expected to earn $1.00 per share but reported $1.04 per share, resulting in a surprise of 4.00% [2] - The favorable change in earnings estimates for Lam Research is attributed to its history of beating estimates [5] Earnings ESP and Zacks Rank - The Zacks Earnings ESP for Lam Research is positive, which is a strong indicator of potential earnings beats, especially when paired with a solid Zacks Rank [5][8] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6] Analyst Sentiment - The Most Accurate Estimate, part of the Zacks Earnings ESP, reflects the latest analyst revisions, which are often more accurate than earlier consensus predictions [7] - Lam Research's current Zacks Rank is 2 (Buy), suggesting a favorable outlook for the upcoming earnings report [8]