Taiwan Semiconductor (NYSE:TSM) reported its Q1 earnings results on Thursday, April 20, 2023 at 02:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Taiwan Semiconductor beat estimated earnings by 9.17%, reporting an EPS of $1.31 versus an estimate of $1.2.
Revenue was down $851.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.23% drop in the share price the next day.
Here’s a look at Taiwan Semiconductor’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.77 | 1.41 | 1.47 | 1.33 |
| EPS Actual | 1.82 | 1.79 | 1.55 | 1.40 |
| Revenue Estimate | 20.56B | 19.91B | 18.25B | 17.31B |
| Revenue Actual | 19.93B | 20.23B | 18.16B | 17.57B |
To track all earnings releases for Taiwan Semiconductor visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
