KLA's 15-minute chart exhibits a narrowing of Bollinger Bands, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator has triggered a death cross on April 24, 2025 at 14:30, suggesting a shift in momentum towards the downside and a potential for further decreases in stock price.
Wall Street expects KLA Corporation (KLAC) to report a year-over-year increase in earnings and revenues for the quarter ended March 2025. Analysts anticipate earnings of $8.06 per share, representing a 53.2% year-over-year increase, and revenues of $3.01 billion, up 27.4% from the year-ago quarter [1].
The consensus EPS estimate has been revised 0.22% higher over the last 30 days, reflecting analysts' reassessment of the company's earnings prospects. KLA's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.23%. This suggests that analysts have recently become bullish on the company's earnings prospects, increasing the likelihood of a positive earnings surprise [1].
KLA has a history of beating consensus EPS estimates, having done so in four of the last four quarters. The company's earnings report, expected to be released on April 30, 2025, will likely influence the stock's near-term performance. A positive earnings surprise could drive the stock price higher, while a miss could lead to a decline [1].
The 15-minute chart of KLA's stock exhibits a narrowing of Bollinger Bands, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ indicator has triggered a death cross on April 24, 2025, at 14:30, suggesting a shift in momentum towards the downside and a potential for further decreases in stock price [2].
While the earnings report is a key factor, other factors such as management's discussion of business conditions and the overall market sentiment will also influence KLA's stock price. Investors should stay informed and monitor the company's performance closely.
References:
[1] https://finance.yahoo.com/news/kla-klac-earnings-expected-grow-140118282.html
[2] https://seekingalpha.com/news/4434940-stmicroelectronics-leads-chip-stocks-higher-while-investors-await-intel-results
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