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Jul 26, 10:59 AM
KLA Corp Reports Q2 EPS of $6.60 and Revenue of $2.57B; Colgate-Palmolive Posts EPS of $0.91 and Revenue of $5.06B
Economics
Business

KLA Corp Reports Q2 EPS of $6.60 and Revenue of $2.57B; Colgate-Palmolive Posts EPS of $0.91 and Revenue of $5.06B

Authors
  • MarketWatch
  • TrendSpider
  • Barron's
12

KLA Corporation reported strong second-quarter earnings, with earnings per share (EPS) of $6.60, exceeding the forecast of $6.15. Revenue also surpassed expectations at $2.57 billion compared to the estimated $2.52 billion. Following these results, KLA's stock rose by 6.38% in after-hours trading. The company provided guidance for the first quarter, projecting revenue between $2.75 billion and $2.90 billion, with an EPS forecast of $7.00, compared to a consensus estimate of $6.51. KLA's market capitalization stands at approximately $103.25 billion. Meanwhile, Colgate-Palmolive announced its second-quarter results, reporting an adjusted EPS of $0.91, beating the estimate of $0.87, and revenue of $5.06 billion, surpassing the forecast of $5.01 billion. The company raised its full-year organic sales growth guidance, anticipating an increase of 6% to 8%. Colgate's stock rose by 0.75% in pre-market trading. The market capitalization for Colgate-Palmolive is approximately $79.16 billion.

Written with ChatGPT (GPT-4o mini).

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