Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering KLA (NASDAQ: KLAC), which belongs to the Zacks Electronics - Miscellaneous Products industry.
When looking at the last two reports, this maker of equipment for manufacturing semiconductors has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.52%, on average, in the last two quarters.
For the last reported quarter, KLA came out with earnings of $6.60 per share versus the Zacks Consensus Estimate of $6.08 per share, representing a surprise of 8.55%. For the previous quarter, the company was expected to post earnings of $4.94 per share and it actually produced earnings ...
