United Microelectronics Corp reports results for the quarter ended in September - Earnings Summary

United Microelectronics

25/10/2023 19:33

* United Microelectronics Corp  2303.TW  reported quarterly
adjusted earnings of T$1.27​​ per share for the quarter ended in
September. The mean expectation of eighteen analysts for the
quarter was for earnings of T$1.03 per share.
    * Revenue fell 24.3% to T$57.07 billion from a year ago;
analysts
expected T$56.06 billion. 
    * United Microelectronics Corp's reported EPS for the
quarter was
T$1.27​.
    * The mean earnings estimate of analysts had fallen by
about 7% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * United Microelectronics Corp shares had risen by 6.9% this
quarter and gained 18.7% so far this year.
    * The company reported quarterly net income of T$15.97
billion.
    * Wall Street's median 12-month price target for United
Microelectronics Corp is T$55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "strong buy" or "buy," 3
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 06:32 p.m. UTC. ​All figures in Taiwan dollars
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.03           1.27           Beat
 Jun. 30 2023      1.00           1.25           Beat
 Mar. 31 2023      1.02           1.28           Beat
 Dec. 31 2022      1.62           1.54           Missed