Earnings are down 20% from a year ago, and stock price is up 20%. Estimates have been lowered 25% in the last 3 months so it should be an easy beat, as the estimates will come down for the next qrt after they pump the stock on so called future earnings. The games continue , but as long as yu can get away with it, why not !
Say it ain't so !! Same ol bs time after time. Ceo pumps the future, analyst pump the future but when the time comes, same ol thing. Watch the #'s come down in the next few months so once again they can beat. Klac has always been one of my favorite trading stocks as they don't have the big downturns as some of the other equip companies, but the hype from management and the analyst make it a joke anymore. If you notice, no one comes out and warns anymore about missing the qrt., the analyst just lower the #'s to meet their needs. I guess they are just following the lead of the white house, just keep telling lies, and as long as nobody is held accountable, who cares. Onward thru the fog !!