United Microelectronics: Q3 Earnings Insights - United Microelectronics (NYSE:UMC)

United Microelectronics UMC reported its Q3 earnings results on Wednesday, October 26, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

United Microelectronics beat estimated earnings by 15.0%, reporting an EPS of $0.345 versus an estimate of $0.3.

Revenue was up $372.00 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.47% drop in the share price the next day.

Here's a look at United Microelectronics's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.300	0.220	0.210	0.190
EPS Actual	0.293	0.281	0.235	0.257
Revenue Estimate	2.39B	2.26B	2.08B	1.99B
Revenue Actual	2.42B	2.22B	2.14B	2.01B

To track all earnings releases for United Microelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.