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Preview: ASE Technology Holding Co's Earnings

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ASE Technology Holding Co (NYSE: ASX) releases its next round of earnings this Friday, July 31. Here's Benzinga's essential guide to ASE Technology Holding Co's Q2 earnings report.

Earnings and Revenue

ASE Technology Holding Co EPS will likely be near $0.08 while revenue will be around $3.47 billion, according to analysts. In the same quarter last year, ASE Technology Holding Co reported EPS of $0.040 on revenue of $2.90 billion. If the company were to report in-line earnings when it publishes results Friday, earnings would be up 100.0%. Sales would be have grown 6.77% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.05 0.08 0.06 0.05
EPS Actual 0.06 0.10 0.09 0.04
Revenue Estimate 3.25 B 3.71 B 3.60 B 2.88 B
Revenue Actual 3.25 B 3.80 B 3.77 B 2.90 B

Stock Performance

Shares of ASE Technology Holding Co were trading at $4.95 as of July 30. Over the last 52-week period, shares are up 18.81%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. ASE Technology Holding Co is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://webcasts.asia.eqs.com/register/ase_20q2/en

 

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Posted-In: Earnings