ChipMOS Technologies Inc reports results for the quarter ended in December - Earnings Summary

ChipMOS TECHNOLOGIES

23/02/2024 03:17

* ChipMOS Technologies Inc  8150.TW  reported quarterly
adjusted
earnings of 66 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 22 cents.  The mean expectation of
six analysts for the quarter was for earnings of 67 cents per
share. Wall Street expected results to range from 54 cents to 80
cents per share.
    * Revenue rose 22.2% to T$5.73 billion from a year ago;
analysts
expected T$5.55 billion. 
    * ChipMOS Technologies Inc's reported EPS for the quarter
was 66
cents​.
    * The company reported quarterly net income of T$481.99
million.
    * ChipMOS Technologies Inc shares had risen by 4.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for ChipMOS
Technologies Inc is T$50.00 
This summary was machine generated from LSEG data February 23 at
03:16 a.m. UTC. ​All figures in Taiwan 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.67           0.66           Missed
 Sep. 30 2023      0.77           0.80           Beat
 Jun. 30 2023      0.55           0.86           Beat
 Mar. 31 2023      0.28           0.28           Met