4-24-19 LRCX big trades Lam Research beats by $0.31, beats on revs
• Reports Q3 (Mar) earnings of $3.70 per share, excluding non-recurring items, $0.31 better than the S&P Capital IQ Consensus of $3.39; revenues fell 15.7% year/year to $2.44 bln vs the $2.4 bln S&P Capital IQ Consensus.
• Co issues in-line guidance for Q4 sees EPS of $3.20-3.60, excluding non-recurring items, vs. $3.24 S&P Capital IQ Consensus; sees Q4 revs of $2.20-2.50 bln vs. $2.32 bln S&P Capital IQ Consensus.
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