© Reuters. Taiwan Semiconductor Earnings, Revenue Beat in Q1
Investing.com – Taiwan Semiconductor reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Taiwan Semiconductor announced earnings per share of 1.4 on revenue of 17.57B. Analysts polled by Investing.com anticipated EPS of 1.27 on revenue of 16.76B.
Taiwan Semiconductor shares are down 15.63% from the beginning of the year, still down 30.00% from its 52 week high of 145.00 set on January 13. They are under-performing the which is down 0% from the start of the year.
Taiwan Semiconductor follows other major Information Technology sector earnings this month
Taiwan Semiconductor’s report follows an earnings beat by Accenture on March 17, who reported EPS of 2.54 on revenue of 15.05B, compared to forecasts EPS of 2.37 on revenue of 14.65B.
Adobe had beat expectations on March 22 with first quarter EPS of 3.37 on revenue of 4.26B, compared to forecast for EPS of 3.34 on revenue of 4.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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