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

ChipMOS TECHNOLOGIES

13/08/2024 12:23

* ChipMOS Technologies Inc  8150.TW  reported quarterly
adjusted
earnings of 62 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 86 cents.  The mean expectation of four analysts for the
quarter was for earnings of 83 cents per share. Wall Street
expected results to range from 75 cents to 94 cents per share.
    * Revenue rose 6.7% to T$5.81 billion from a year ago;
analysts
expected T$5.79 billion. 
    * ChipMOS Technologies Inc's reported EPS for the quarter
was 62
cents​.
    * The company reported quarterly net income of T$450.58
million.
    * ChipMOS Technologies Inc shares had fallen by 9.2% this
quarter and lost 7.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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$53.50 
This summary was machine generated from LSEG data August 13 at
11:23 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
 Jun. 30 2024      0.83           0.62           Missed
 Mar. 31 2024      0.61           0.60           Missed
 Dec. 31 2023      0.67           0.66           Missed
 Sep. 30 2023      0.77           0.80           Beat