Lam Research Corporation (NASDAQ:LRCX) will release earnings results for the first quarter, after the closing bell on Wednesday, Oct. 22.

Analysts expect the Fremont, California-based company to report quarterly earnings at $1.22 per share, up from 86 cents per share in the year-ago period. The consensus estimate for Lam Research's quarterly revenue is $5.23 billion, compared to $4.17 billion a year earlier, according to data from Benzinga Pro.

On Sept. 16, Lam Research and JSR Corp. (OTC:JSCPY) announced a non-exclusive cross-licensing and collaboration agreement to accelerate next-generation semiconductor manufacturing.

Shares of Lam Research rose 0.7% to close at $145.04 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Considering buying LRCX stock? Here’s what analysts think:

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