AU Optronics Corp (NYSE:AUO) will announce its earnings results before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.

AU Optronics Corp (NYSE:AUO) last posted its earnings results on Wednesday, July 26th. The semiconductor company reported $0.34 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.02). AU Optronics Corp had a net margin of 9.48% and a return on equity of 17.46%. The company had revenue of $84.41 billion during the quarter, compared to analyst estimates of $87.09 billion. During the same period in the previous year, the company earned ($0.06) EPS. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, analysts expect AU Optronics Corp to post $1.05 EPS for the current fiscal year and $0.13 EPS for the next fiscal year.

AU Optronics Corp (AUO) traded up 1.50% on Tuesday, reaching $4.07. 365,733 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $4.10 and a 200-day moving average price of $4.04. The company has a market capitalization of $3.92 billion, a PE ratio of 3.42 and a beta of 0.46. AU Optronics Corp has a 1-year low of $3.44 and a 1-year high of $4.95.

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AUO has been the subject of several recent analyst reports. BidaskClub upgraded AU Optronics Corp from a “hold” rating to a “buy” rating in a report on Thursday, June 29th. UBS AG cut AU Optronics Corp from a “buy” rating to a “neutral” rating in a report on Thursday, July 6th. Credit Suisse Group restated a “neutral” rating on shares of AU Optronics Corp in a report on Wednesday, July 12th. Bank of America Corporation cut AU Optronics Corp from a “neutral” rating to an “underperform” rating in a report on Thursday, July 27th. Finally, Zacks Investment Research cut AU Optronics Corp from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. AU Optronics Corp has an average rating of “Hold”.

About AU Optronics Corp

AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

Earnings History for AU Optronics Corp (NYSE:AUO)

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