KLA (KLAC) Beats Q2 Earnings and Revenue Estimates

Core Insights - KLA reported quarterly earnings of $8.85 per share, exceeding the Zacks Consensus Estimate of $8.82 per share, and showing an increase from $8.2 per share a year ago, resulting in an earnings surprise of +0.36% [1] - The company achieved revenues of $3.3 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.02% and up from $3.08 billion year-over-year [2] Earnings Performance - KLA has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] - The company’s shares have increased by approximately 33.9% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] Future Outlook - The future performance of KLA's stock will largely depend on management's commentary during the earnings call and the earnings outlook for upcoming quarters [4][6] - Current consensus EPS estimate for the next quarter is $8.94 on revenues of $3.29 billion, and for the current fiscal year, it is $35.69 on revenues of $13.11 billion [7] Industry Context - KLA operates within the Electronics - Miscellaneous Products industry, which is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - The correlation between near-term stock movements and earnings estimate revisions is strong, indicating that tracking these revisions can provide insights into stock performance [5]