Amkor Technology Inc expected to post earnings of 50 cents a share - Earnings Preview

Reuters
2024-10-27

* Amkor Technology Inc is expected to show a rise in quarterly revenue when it reports results on October 28 for the period ending January 1 0001

* The Tempe Arizona-based company is expected to report a 1.0% increase in revenue to $1.84 billion from $1.82 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on July 29 2024, for the period ended September 30, was for revenue of $1.835 billion. (Majority is on TOTAL REVENUE)

* ​LSEG's mean analyst estimate for Amkor Technology Inc is for earnings of 50 cents per share. The company's EPS guidance on July 29 2024, for the period ended September 30, was between $0.42 and $0.56

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Amkor Technology Inc is 40.00​, above​ its last closing price of $29.88. ​​​

The company's guidance on July 29 2024 for the period ended September 30 was for gross profit margin between USD14% and USD16%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.23 0.23 0.27 Beat 19.7

Mar. 31 2024 0.11 0.11 0.19 Beat 73.7

Dec. 31 2023 0.41 0.41 0.48 Beat 16.8​

Sep. 30 2023 0.53 0.53 0.54 Beat 2.3

​​Jun. 0.21 0.21 0.26 Beat 24.7

30 2023

Mar. 31 2023 0.18 0.17 0.18 Beat 5.3​

Dec. 31 2022 0.70 0.70 0.67 Missed -4.3

Jan. 1 0001 0.93 0.93 1.24 Beat 33.5

This summary was machine generated October 27 at 14:53 GMT. All figures in US 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)

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