Lam Research (LRCX) Guides FY17, FY18 adj.-EPS; Guides FY15/16 EPS, Revs with WFE

Lam Research (NASDAQ: LRCX) sees FY17 adjusted EPS of $7 - $7.75 and FY18 adjusted EPS of $8 - $8.75, according to Bloomberg headlines.

UPDATE - The company also sees FY17/18 revenue of about $6.5 - $7 billion with WFE at about $35 billion and $7 - $7.5 billion with WFE at about $38 billion.

Lam also expects FY15/16 EPS of about $6.00 - $6.75 and revenue of a $5.8 - $6.3 billion with WFE at about $35 billion. (Consensus estimates call for FY15 EPS of $4.99 and revenue of $5.24 billion and FY16 EPS of $5.78 with revenue of $5.73 billion.)

Lam's presentation from its 2015 Analyst and Investor Meeting can be downloaded here (pdf format).

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