© Reuters. Taiwan Semiconductor Earnings, second quarter sales hit
Investing.com – Taiwan Semiconductor reported Thursday, the second quarter, that analysts' forecasts and sales have been exceeded, exceeding expectations.
Taiwan Semiconductor announced earnings per share of NT $ 0.78 on sales of NT $ 10.38 billion. Analysts surveyed by Investing.com expected earnings per share of NT $ 0.71 on sales of NT $ 10.34 billion.
Taiwan Semiconductor stocks have risen 13.7% since the beginning of the year and are still down 1.59% from the 52-week high of NT $ 67.13 on July 15. They have exceeded the value of 0% since the beginning of the year.
Taiwan Semiconductor shares rose 0.82% in pre-market trading, according to the report.
Taiwan Semiconductor is following other key technology sector gains this month
Taiwan Semiconductor's report follows Accenture's June 25 earnings jump, which reported NT $ 1.9 earnings per share on NT $ 10.99 billion sales, compared to forecast earnings per share of 1.86 NT $ with sales of NT $ 10.72 billion.
Micron exceeded expectations on June 29, with earnings per share of NT $ 0.82 and third quarter sales of NT $ 5.44 billion, compared to a forecast of NT $ 0.75 per share with a turnover of NT $ 5.27 billion.
Stay up to date on all upcoming earnings reports by visiting Investing.com's earnings calendar
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