United Microelectronics: Q1 Earnings Insights

  United Microelectronics (NYSE:UMC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 05:00 AM. Here's what investors need to know about the announcement.

 

United Microelectronics (NYSE:UMC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 05:00 AM.

Here’s what investors need to know about the announcement.

Earnings

United Microelectronics beat estimated earnings by 27.73%, reporting an EPS of $0.281 versus an estimate of $0.22.

Revenue was up $565.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.78% drop in the share price the next day.

Here’s a look at United Microelectronics’s past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.210 0.190 0.130 0.060
EPS Actual 0.235 0.257 0.176 0.149
Revenue Estimate 2.08B 1.99B 1.78B 1.57B
Revenue Actual 2.14B 2.01B 1.83B 1.65B

To track all earnings releases for United Microelectronics visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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