ASE Technology Holding Co Ltd reports results for the quarter ended in September - Earnings Summary

ASE Technology Holding Co

26/10/2023 16:25

* ASE Technology Holding Co Ltd  3711.TW  reported quarterly
adjusted earnings of T$2.00​​ per share for the quarter ended in
September. The mean expectation of seventeen analysts for the
quarter was for earnings of T$2.02 per share.
    * Revenue fell 18.3% to T$154.17 billion from a year ago;
analysts
expected T$153.95 billion. 
    * ASE Technology Holding Co Ltd's reported EPS for the
quarter was
T$2.00​.
    * The mean earnings estimate of analysts had fallen by
about 18.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * ASE Technology Holding Co Ltd shares had risen by 4.1%
this
quarter and gained 21.4% so far this year.
    * The company reported quarterly net income of T$8.78
billion.
    * Wall Street's median 12-month price target for ASE
Technology
Holding Co Ltd is T$127.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 03:25 p.m. UTC. ​All figures in Taiwan dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      2.02           2.00           Missed
 Jun. 30 2023      1.39           1.76           Beat
 Mar. 31 2023      1.19           1.30           Beat
 Dec. 31 2022      3.33           3.60           Beat