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Taiwan Semiconductor Earnings Preview

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Taiwan Semiconductor (NYSE:TSM) unveils its next round of earnings this Thursday, October 15. Get prepared with Benzinga's ultimate preview for Taiwan Semiconductor's Q3 earnings.

Earnings and Revenue

Based on management's projections, Taiwan Semiconductor analysts model for earnings of $0.77 per share on sales of $11.51 billion. Taiwan Semiconductor reported a profit of $0.62 per share when it published results during the same quarter last year. Sales in that period totaled $9.40 billion. The analyst consensus estimate would represent a 24.19% increase in the company's EPS figure. Sales would be up 22.5% from the same quarter last year. Taiwan Semiconductor's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.71 0.69 0.70 0.60
EPS Actual 0.78 0.75 0.73 0.62
Revenue Estimate 10.35 B 10.11 B 10.46 B 9.18 B
Revenue Actual 10.38 B 10.31 B 10.39 B 9.40 B

Stock Performance

Shares of Taiwan Semiconductor were trading at $89.53 as of October 13. Over the last 52-week period, shares are up 80.41%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Taiwan Semiconductor is scheduled to hold the call at 02:00:00 ET and can be accessed here: https://www.tsmc.com/english/investorRelations/2Q20_earning_conference_form_teleconf.htm

 

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Posted-In: Earnings