KLA (KLAC) Projected to Post Earnings on Wednesday

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KLA (KLAC) is scheduled to release its Q1 2027 earnings after market close on Wednesday, October 28. Analysts project EPS of $1.18 and revenue of $4.04 billion, within guidance of $1.06-$1.26. The company recently reported strong Q3 results, beating estimates with $1.05 EPS and $3.66 billion in revenue. Additionally, KLA increased its quarterly dividend to $0.23 per share. Wall Street analysts maintain a 'Moderate Buy' consensus with an average price target of $221.26.

KLA (NASDAQ:KLAC - Get Free Report) is expected to be issuing its Q1 2027 results after the market closes on Wednesday, October 28th. Analysts expect KLA to announce earnings of $1.18 per share and revenue of $4.04 billion for the quarter. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Individuals can check the company's upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

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KLA (NASDAQ:KLAC - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.05. KLA had a return on equity of 87.66% and a net margin of 35.57%. The company had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.61 billion. During the same period last year, the business earned $0.94 earnings per share. The business's revenue was up 15.2% on a year-over-year basis. On average, analysts expect KLA to post $5.43 EPS for the current fiscal year and $6.63 EPS for the next fiscal year.

KLA Stock Down 2.8%

Shares of NASDAQ:KLAC opened at $161.74 on Wednesday. KLA has a 52 week low of $107.20 and a 52 week high of $307.37. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88. The company's fifty day moving average is $185.35 and its 200-day moving average is $197.25. The company has a market capitalization of $211.07 billion, a PE ratio of 44.30, a P/E/G ratio of 1.47 and a beta of 1.45.

KLA Increases Dividend

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The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were given a dividend of $0.23 per share. This is an increase from KLA's previous quarterly dividend of $0.23. The ex-dividend date was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.6%. KLA's dividend payout ratio is 25.07%.

Insiders Place Their Bets

In other news, EVP MaryBeth Wilkinson sold 13,802 shares of the firm's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total value of $2,698,291.00. Following the completion of the sale, the executive vice president directly owned 22,110 shares in the company, valued at approximately $4,322,505. This trade represents a 38.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Virendra A. Kirloskar sold 4,504 shares of KLA stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total value of $880,532.00. Following the completion of the transaction, the chief accounting officer directly owned 7,972 shares of the company's stock, valued at $1,558,526. This represents a 36.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 243,339 shares of company stock worth $46,903,454 over the last ninety days. Company insiders own 79.39% of the company's stock.

Wall Street Analysts Forecast Growth

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Several equities analysts recently issued reports on KLAC shares. Sanford C. Bernstein reissued an "outperform" rating and set a $225.00 price target on shares of KLA in a report on Wednesday, July 29th. Barclays restated an "overweight" rating and issued a $225.00 price target on shares of KLA in a research report on Monday, July 20th. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price objective on shares of KLA in a research note on Wednesday, July 29th. Stifel Nicolaus set a $250.00 price objective on shares of KLA and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of KLA from $200.00 to $238.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Nineteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, KLA currently has an average rating of "Moderate Buy" and an average target price of $221.26.

Read Our Latest Analysis on KLAC

KLA Company Profile

(Get Free Report)

KLA Corporation NASDAQ: KLAC develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company's product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.

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KLA (KLAC) Projected to Post Earnings on Wednesday

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