KLA-Tencor Corporation (NASDAQ:KLAC) is scheduled to be posting its quarterly earnings results on Wednesday, October 18th.

KLA-Tencor Corporation (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. The firm had revenue of $938.60 million during the quarter, compared to the consensus estimate of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.77 EPS. On average, analysts expect KLA-Tencor Corporation to post $6.74 EPS for the current fiscal year and $7.11 EPS for the next fiscal year.

Shares of KLA-Tencor Corporation (KLAC) opened at 107.33 on Tuesday. KLA-Tencor Corporation has a 12 month low of $71.11 and a 12 month high of $109.59. The company’s 50 day moving average price is $99.56 and its 200-day moving average price is $98.06. The firm has a market capitalization of $16.83 billion, a P/E ratio of 18.25 and a beta of 1.68.

In other news, EVP Ahmad A. Khan sold 4,066 shares of the stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $89.15, for a total value of $362,483.90. Following the completion of the sale, the executive vice president now owns 5,489 shares in the company, valued at $489,344.35. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Virendra A. Kirloskar sold 6,307 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.15, for a total value of $562,269.05. Following the completion of the sale, the senior vice president now owns 2,022 shares of the company’s stock, valued at approximately $180,261.30. The disclosure for this sale can be found here. Insiders have sold 84,512 shares of company stock valued at $7,726,826 over the last 90 days. 0.20% of the stock is currently owned by insiders.

KLAC has been the topic of several recent analyst reports. Stifel Nicolaus upgraded KLA-Tencor Corporation from a “hold” rating to a “buy” rating and increased their target price for the stock from $103.00 to $106.00 in a research report on Sunday, August 6th. They noted that the move was a valuation call. Credit Suisse Group reiterated an “outperform” rating on shares of KLA-Tencor Corporation in a research report on Thursday, August 31st. Cowen and Company reiterated a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a research report on Tuesday, July 11th. BidaskClub downgraded KLA-Tencor Corporation from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $120.00 target price on shares of KLA-Tencor Corporation in a research report on Friday, September 1st. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $101.32.

ILLEGAL ACTIVITY WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/10/17/kla-tencor-corporation-klac-to-release-earnings-on-wednesday.html.

About KLA-Tencor Corporation

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Earnings History for KLA-Tencor Corporation (NASDAQ:KLAC)

Receive News & Ratings for KLA-Tencor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KLA-Tencor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.