Amkor Technology Inc expected to post earnings of 50 cents a share - Earnings Preview

Amkor Technology

27/10/2024 14:54

* Amkor Technology Inc  AMKR.OQ   AMKR.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 28
for the period ending January 1 0001
    * The Tempe Arizona-based  company is expected to report a
1.0% increase in revenue to $1.84 billion from $1.82 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on July 29 2024, for the
period ended September 30, was for revenue of $1.835
billion. (Majority is on TOTAL REVENUE)
    * ​LSEG's mean analyst estimate for Amkor Technology Inc is
for
earnings of 50 cents per share. The company's EPS guidance on
July 29 2024, for the period ended September 30, was between
$0.42 and $0.56 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"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 $29.88. ​​​

The company's guidance on July 29 2024 for the period ended
September 30 was for gross profit margin between USD14% and
USD16%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  0.53        0.53       0.54      Beat    2.3
 ​​Jun.        0.21        0.21       0.26      Beat    24.7
 30 2023                                                
 Mar. 31 2023  0.18        0.17       0.18      Beat    5.3​
 Dec. 31 2022  0.70        0.70       0.67      Missed  -4.3
 Jan. 1 0001   0.93        0.93       1.24      Beat    33.5
 This summary was machine generated October 27 at 14:53 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)