* Amkor Technology Inc reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of eleven analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 49 cents to 54 cents per share.

* Revenue rose 2.2% to $1.86 billion from a year ago; analysts expected $1.84 billion.

* Amkor Technology Inc's reported EPS for the quarter was 49 cents​.

* The company reported quarterly net income of $122.57 million.

* Amkor Technology Inc shares had fallen by 2.4% this quarter and lost 10.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 5.9% 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 "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the semiconductor equipment & testing peer group is also "hold"

Wall Street's median 12-month price target for Amkor Technology Inc is $38.00 This summary was machine generated from LSEG data October 29 at 02:35 a.m. UTC. ​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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.50 0.49 Missed

Jun. 30 2024 0.23 0.27 Beat

Mar. 31 2024 0.11 0.19 Beat

Dec. 31 2023 0.41 0.48 Beat