KLA Corporation, a global leader in process control solutions for the semiconductor industry, is set to announce its fiscal Q2 earnings. Analysts predict a profit of $8.75 per share, up 6.7% from last year. For the full year, EPS is expected to rise to $35.44, with a 17.5% increase projected for fiscal 2027.

KLAC stock has outperformed major indices, with shares up 96.3% in the past year. Following strong Q1 results, the company exceeded revenue and EPS expectations. For Q2, KLAC anticipates adjusted EPS between $7.92 and $9.48, with revenue ranging from $3.1 billion to $3.4 billion.

Analysts have a moderately bullish outlook on KLAC stock, with a “Moderate Buy” rating. Of 26 analysts, 12 recommend a “Strong Buy,” one suggests a “Moderate Buy,” and 13 advise to “Hold.” The average price target is $1,297.25, indicating a potential 4.3% upside from current levels.

Read more at Yahoo Finance: What to Expect From KLA Corporation’s Report