Amkor Technology Inc expected to post earnings of 23 cents a share - Earnings Preview
26/07/2024 22:51
* Amkor Technology Inc AMKR.OQ AMKR.O is expected
to show a
fall in quarterly revenue when it reports results on July 29
for the period ending June 30 2024
* The Tempe Arizona-based company is expected to report a
0.3% decrease in revenue to $1.453 billion from $1.46 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.The company's guidance on April 29 2024, for the
period ended June 30, was for revenue between $1.40 billion and
$1.50 billion. (Majority is on TOTAL REVENUE)
* LSEG's mean analyst estimate for Amkor Technology Inc is
for
earnings of 23 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Amkor
Technology
Inc is $40.00, above its last closing price of $38.18.
The company's guidance on April 29 2024 for the period ended
June 30 was for gross profit margin between USD13% and USD15%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 0.11 0.11 0.19 Beat 73.7
Jan. 1 0001 0.41 0.41 0.48 Beat 16.8
Jan. 1 0001 0.53 0.53 0.54 Beat 2.3
Jun. 30 2023 0.21 0.21 0.26 Beat
Jan. 0.18 0.17 0.18 Beat 5.3
1 0001
Dec. 31 2022 0.70 0.70 0.67 Missed -4.3
Jan. 1 0001 0.93 0.93 33.5
Jun. 30 2022 0.48 0.48 6.8
This summary was machine generated July 26 at 21:51 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)