Lam Research (LRCX) Q1 Earnings and Revenues Top Estimates

Core Insights - Lam Research (LRCX) reported quarterly earnings of $1.26 per share, exceeding the Zacks Consensus Estimate of $1.21 per share, and showing a significant increase from $0.86 per share a year ago, resulting in an earnings surprise of +4.13% [1] - The company achieved revenues of $5.32 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.99% and up from $4.17 billion year-over-year [2] - Lam Research has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of Lam Research's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $1.05 on revenues of $4.81 billion, and for the current fiscal year, it is $4.53 on revenues of $20.13 billion [7] Industry Context - The Electronics - Semiconductors industry, to which Lam Research belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook for stocks in this sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]