Semiconductor equipment maker Lam Research (NASDAQ:LRCX) will be reporting results tomorrow after the bell. Here’s what to look for.

Lam Research beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $4.38 billion, up 16.4% year on year. It was a strong quarter for the company, with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

Is Lam Research a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Lam Research’s revenue to grow 22.4% year on year to $4.64 billion, a reversal from the 2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.00 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Lam Research has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.2% on average.

Looking at Lam Research’s peers in the semiconductors segment, only Micron has reported results so far. It beat analysts’ revenue estimates by 1.9%, delivering year-on-year sales growth of 38.3%. The stock was down 7.9% on the results.

Read our full analysis of Micron’s earnings results here.

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