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AMKR — Amkor Technology News Story

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Amkor Technology Inc expected to post earnings of 38 cents a share - Earnings Preview

* Amkor Technology Inc  AMKR.OQ   AMKR.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
10 for the period ending December 31 2024
    * The Tempe Arizona-based  company is expected to report a
5.1% decrease in revenue to $1.663 billion from $1.75 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on October 28 2024, for the
period ended December 31, was for revenue between $1.60 billion
and $1.70 billion. (Majority is on TOTAL REVENUE)
    * ​LSEG's mean analyst estimate for Amkor Technology Inc is
for
earnings of 38 cents per share. The company's EPS guidance on
October 28 2024, for the period ended December 31, was between
$0.28 and $0.44 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"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 $34.00​, above​ its last closing price of $24.60. ​​​

The company's guidance on October 28 2024 for the period ended
December 31 was for gross profit margin between USD13.5% and
USD15.5%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.50        0.50       0.49      Missed  -2.2
 Jun. 30 2024  0.23        0.23       0.27      Beat    19.7
 Mar. 31 2024  0.11        0.11       0.19      Beat    73.7​
 Dec. 31 2023  0.41        0.41       0.48      Beat    16.8
 ​​Sep.        0.53        0.53       0.54      Beat    2.3
 30 2023                                                
 Jun. 30 2023  0.21        0.21       0.26      Beat    24.7​
 Mar. 31 2023  0.18        0.17       0.18      Beat    5.3
 Dec. 31 2022  0.70        0.70       0.67      Missed  -4.3
 This summary was machine generated February 7 at 21:57 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)

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