With Earnings On Tap, KLA Tencor Worth A Look

KLA Tencor (KLAC) is expected to report earnings on April 29. It’s now trading 1% below the 342.31 buy point from a second-stage cup without handle that it cleared earlier, making it worth watching in the weeks to come.


Keep in mind that jumping into a stock right as it gets ready to report means you likely won’t have enough time to build a profit cushion before the release. That leaves you exposed to a sudden and perhaps sharp drop if the company falls short of analyst and investor expectations. You can reduce your risk by waiting to see the actual numbers and the market’s reaction.

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KLA Tencor showed 22% earnings-per-share growth last quarter. Sales increased 9%.

Analysts expect earnings growth of 45% for the quarter, and 30% growth for the full year. Estimates for KLA Tencor’s full year were recently revised upward.

KLA Tencor has a 97 Composite Rating and and recently earned an upgrade in its Relative Strength Rating.

The firm sits in the No. 14 spot among its peers in the Electronics-Semiconductor Equipment industry group. Applied Materials (AMAT), ASML Hldgs (ASML) and Brooks Automation (BRKS) are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.


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