Amkor Technology Inc AMKR.OQ reported quarterly adjusted earnings of 43 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 48 cents. The mean expectation of eleven analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 36 cents to 42 cents per share.
Revenue fell 7% to $1.63 billion from a year ago; analysts expected $1.66 billion.
Amkor Technology Inc's reported EPS for the quarter was 43 cents.
The company reported quarterly net income of $105.65 million.
Amkor Technology Inc shares had fallen by 5.3% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.5% 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," 5 "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 $34.00
This summary was machine generated from LSEG data February 10 at 10:01 p.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 |
Dec. 31 2024 | 0.38 | 0.43 | Beat |
Sep. 30 2024 | 0.50 | 0.49 | Missed |
Jun. 30 2024 | 0.23 | 0.27 | Beat |
Mar. 31 2024 | 0.11 | 0.19 | Beat |
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