ASE Technology Holding Co Ltd expected to post earnings of T$2.02 a share - Earnings Preview

ASE Technology Holding Co

24/10/2023 12:21

* ASE Technology Holding Co Ltd  3711.TW   is expected
to show a
fall in quarterly revenue when it reports  results on October
26. 
    * The Kaohsiung-based  company is expected to report  a
18.4% decrease in revenue to T$153.947 billion from T$188.63
billion a year ago, according to the mean estimate from 16
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ASE Technology
Holding Co
Ltd is for earnings of T$2.02 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 6
"hold" and 2 "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 ASE
Technology
Holding Co Ltd is T$127​, above​ its last closing price
of T$114.00. ​​​

Previous quarterly performance (using preferred earnings measure
in Taiwan dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.41        1.39       1.76      Beat    26.2
 Mar. 31 2023  1.27        1.19       1.30      Beat    9.1
 Dec. 31 2022  3.33        3.33       3.60      Beat    8.1​
 Sep. 30 2022  3.66        3.63       3.92      Beat    7.9
 ​​Jun.        3.08        3.01       3.61      Beat    19.7
 30 2022                                                
 Mar. 31 2022  2.70        2.64       2.92      Beat    10.6​
 Dec. 31 2021  3.91        3.98       6.97      Beat    75.2
 Sep. 30 2021  3.24        3.21       3.20      Missed  -0.2
 This summary was machine generated October 24 at 11:21 GMT.  All
figures in Taiwan dollars  unless otherwise stated