Lam Research Corporation (NASDAQ:LRCX) reported earnings of $3.46 per share beating Walls Streets expectations.

ME Staff
-
0

Lam Research Corporation (NASDAQ:LRCX) reported Q1 2018 earnings this Afternoon, coming in at $3.46 per share, beating Wall Street’s estimates of $3.27 per Share. Revenue for the quarter came in at $2.48 billion beating analyst estimates of $2.46 billion

Analyst Coverage For Lam Research Corporation (NASDAQ:LRCX)
These are 3 Hold Ratings, 16 Buy Ratings .
The current consensus rating for Lam Research Corporation (NASDAQ:LRCX) is Buy (Score: 2.84) with a consensus target price of $182.53 , a potential (6.18% downside)

Recent Insider Trading for Lam Research Corporation (NASDAQ:LRCX)

  • On 10/13/2017 Stephen G Newberry, Director, sold 750 with an average share price of $190.00 per share and the total transaction amounting to $142,500.00.
  • On 9/29/2017 Stephen G. Newberry, Director, sold 750 with an average share price of $185.00 per share and the total transaction amounting to $138,750.00.
  • On 9/28/2017 Timothy Archer, COO, sold 11,590 with an average share price of $181.76 per share and the total transaction amounting to $2,106,598.40.
  • On 9/27/2017 Stephen G. Newberry, Director, sold 750 with an average share price of $180.00 per share and the total transaction amounting to $135,000.00.
  • On 9/18/2017 Stephen G. Newberry, Director, sold 750 with an average share price of $175.00 per share and the total transaction amounting to $131,250.00.
  • On 9/18/2017 Timothy Archer, COO, sold 15,638 with an average share price of $175.65 per share and the total transaction amounting to $2,746,814.70.



Dividend History for Lam Research Corporation (NASDAQ:LRCX)

  • On 8/7/2017 announced a quarterly dividend of $0.45 1.16% with an ex dividend date of 9/12/2017 which will be payable on 9/13/2017.
  • On 5/12/2017 announced a quarterly dividend of $0.45 1.19% with an ex dividend date of 6/5/2017 which will be payable on 6/7/2017.
  • On 2/9/2017 announced a quarterly dividend of $0.45 1.55% with an ex dividend date of 3/6/2017 which will be payable on 3/8/2017.
  • On 11/18/2016 announced a quarterly dividend of $0.45 1.69% with an ex dividend date of 12/12/2016 which will be payable on 12/14/2016.
  • On 9/1/2016 announced a quarterly dividend of $0.30 1.27% with an ex dividend date of 9/12/2016 which will be payable on 9/14/2016.
  • On 5/13/2016 announced a quarterly dividend of $0.30 1.63% with an ex dividend date of 6/6/2016 which will be payable on 6/8/2016.
  • On 2/19/2016 announced a quarterly dividend of $0.30 with an ex dividend date of 3/7/2016 which will be payable on 3/9/2016.



Recent Trading for Lam Research Corporation (NASDAQ:LRCX)
Shares of Lam Research Corporation closed the previous trading session at with shares trading hands.