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KLA Outpaces Stock Market Gains: What You Should Know

KLA (NASDAQ: KLAC) closed the latest trading day at $892.35, indicating a +1.99% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 1.02%. At the same time, the Dow added 1.09%, and the tech-heavy Nasdaq gained 1.18%. Heading into today, shares of the maker of equipment for manufacturing semiconductors had gained 9.61% over the past month, outpacing the Computer and Technology sector's gain of 8.46% and the S&P 500's gain of 4.44% in that time. The investment community will be paying close attention to the earnings performance of KLA in its upcoming release. The company is slated to reveal its earnings on July 24, 2024. In that report, analysts expect KLA to post earnings of $6.08 per share. This would mark year-over-year growth of 12.59%. Meanwhile, the Zacks ...