Taiwan Semiconductor Earnings, Revenue Beat in Q1 -Breaking
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© Reuters. Taiwan Semiconductor Revenue Beats in Q1Taiwan Semiconductor, a company listed on Investing.com reported Thursday that its first quarter results beat analyst forecasts. The revenue exceeded all expectations.
Taiwan Semiconductor posted earnings per share (EPS) of 1.4 for revenue 17.57B. Investing.com polled analyst to predict EPS of 1.27 based on 16.76B revenue.
Taiwan Semiconductor shares have fallen 15.63% since the start of the year. However, they are still 30.00% below their 52-week high of 145.00 on January 13. They have underperformed the which is down by 0% from its start.
Taiwan Semiconductor joins other notable earnings from the Information Technology Sector this month
Taiwan Semiconductor reported its earnings following an Accenture earnings beat of March 17. Accenture reported EPS 2.54 on revenue 15.05B. Forecasts for EPS 2.37 on revenue 14.65B.
Adobe exceeded expectations in March 22, posting EPS 3.37 for first quarter revenue of 4.26B. That compares with the forecast of EPS 3.34 for 4.24B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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