Taiwan Semiconductor Earnings Outperform, Fourth Quarter Revenues Fall By Investing.com

© Reuters. Taiwan Semiconductor earnings outperform, revenue down in Q4

Investing.com – Taiwan Semiconductor reported on Thursday fourth quarter that it beat analysts’ forecasts and that revenue fell short of expectations. Taiwan Semiconductor announced earnings per share of 0.97 on revenue of 12.68B. Analysts surveyed by Investing.com anticipated EPS of 0.937 on revenue of 12.85B. Taiwan Semiconductor shares are up 9.35% since the beginning of the year, still 5.59% from their 52-week high of 126.29 set on January 8. They are outperforming the one that has dropped 0% since the beginning of the year. Taiwan Semiconductor Tracks Other Major Tech Sector Gains This Month The Taiwan Semiconductor report tracks earnings from Accenture on December 17, 2020, which reported EPS of 2.17 on revenue of 11.76B, compared to EPS forecast of 2.05 on income of 11.28B. Micron had beaten expectations on January 7 with a first-quarter EPS of 0.78 on revenue of 5.77B, compared to the forecast for EPS of 0.6842 on revenue of 5.66B. Stay up-to-date on all upcoming earnings reports by visiting the Investing.com earnings calendar.

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