Taiwan Semiconductor Mfg. (TSM) Set to Announce Quarterly Earnings on Thursday

Taiwan Semiconductor Mfg. (NYSE:TSM) will issue its quarterly earnings data before the market opens on Thursday, January 18th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

Taiwan Semiconductor Mfg. (NYSE:TSM) last issued its earnings results on Thursday, October 19th. The semiconductor company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.01. Taiwan Semiconductor Mfg. had a return on equity of 24.48% and a net margin of 35.71%. On average, analysts expect Taiwan Semiconductor Mfg. to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Taiwan Semiconductor Mfg. (NYSE:TSM) traded up $1.04 during midday trading on Tuesday, hitting $42.23. The stock had a trading volume of 8,718,800 shares, compared to its average volume of 5,530,000. The company has a quick ratio of 2.11, a current ratio of 2.36 and a debt-to-equity ratio of 0.06. Taiwan Semiconductor Mfg. has a 1-year low of $29.22 and a 1-year high of $43.02. The firm has a market cap of $216,120.00, a price-to-earnings ratio of 18.77, a PEG ratio of 1.13 and a beta of 0.74.

TSM has been the topic of several research analyst reports. Morgan Stanley lowered Taiwan Semiconductor Mfg. from an “overweight” rating to an “equal weight” rating in a research report on Monday, November 27th. JPMorgan Chase & Co. raised Taiwan Semiconductor Mfg. from a “neutral” rating to an “overweight” rating in a research report on Tuesday, October 10th. Daiwa Capital Markets lowered Taiwan Semiconductor Mfg. from an “outperform” rating to a “hold” rating in a research report on Thursday, October 19th. KeyCorp reissued a “hold” rating on shares of Taiwan Semiconductor Mfg. in a research report on Friday, October 20th. Finally, ValuEngine raised Taiwan Semiconductor Mfg. from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Taiwan Semiconductor Mfg. presently has an average rating of “Hold” and an average target price of $37.50.

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About Taiwan Semiconductor Mfg.

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a semiconductor foundry. The Company is engaged in the manufacturing, selling, packaging, testing and computer-aided design of integrated circuits and other semiconductor devices and the manufacturing of masks. It operates through foundry segment.

Earnings History for Taiwan Semiconductor Mfg. (NYSE:TSM)

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