Wall Street brokerages expect AU Optronics Corp (NYSE:AUO) to announce $0.14 earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for AU Optronics’ earnings. AU Optronics posted earnings of $0.29 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 51.7%. The company is scheduled to report its next quarterly earnings results on Tuesday, February 13th.

On average, analysts expect that AU Optronics will report full year earnings of $1.12 per share for the current year. For the next financial year, analysts expect that the business will report earnings of $0.28 per share. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for AU Optronics.

AU Optronics (NYSE:AUO) last announced its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.63. AU Optronics had a return on equity of 18.55% and a net margin of 10.56%. The company had revenue of $87.40 billion for the quarter, compared to analysts’ expectations of $85.19 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. AU Optronics’s revenue was up 1.6% compared to the same quarter last year.

AUO has been the topic of several research analyst reports. Zacks Investment Research raised AU Optronics from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. ValuEngine raised AU Optronics from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold”.

Shares of AU Optronics (NYSE:AUO) traded up $0.07 during trading hours on Friday, reaching $4.32. The company had a trading volume of 1,612,454 shares, compared to its average volume of 401,983. AU Optronics has a 52 week low of $3.60 and a 52 week high of $4.95. The company has a market capitalization of $4,157.68, a PE ratio of 3.46 and a beta of 0.55. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.36 and a current ratio of 1.57.

Large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC lifted its holdings in AU Optronics by 22.7% during the second quarter. Renaissance Technologies LLC now owns 10,440,384 shares of the semiconductor company’s stock worth $47,608,000 after buying an additional 1,929,700 shares during the period. Numeric Investors LLC purchased a new stake in AU Optronics during the second quarter worth $724,000. Schwab Charles Investment Management Inc. lifted its holdings in AU Optronics by 20.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 844,009 shares of the semiconductor company’s stock worth $3,849,000 after buying an additional 142,600 shares during the period. State Street Corp lifted its holdings in AU Optronics by 13.4% during the second quarter. State Street Corp now owns 1,028,160 shares of the semiconductor company’s stock worth $4,689,000 after buying an additional 121,188 shares during the period. Finally, Northern Trust Corp lifted its holdings in AU Optronics by 7.2% during the second quarter. Northern Trust Corp now owns 1,243,125 shares of the semiconductor company’s stock worth $5,668,000 after buying an additional 83,552 shares during the period. 6.67% of the stock is currently owned by institutional investors.

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About AU Optronics

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.

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