Amkor Technology (NASDAQ: AMKR) is set to announce its financial results for the third quarter of 2024 on Monday 28th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
It appears that the organization is on the verge of revealing their estimated $0.50 profit per share for the quarter, as well as their total revenue of $1.84 billion for this specific period, according to financial experts on Wall Street.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $0.54 per share. This number was attributed to the company's total revenue, which settled at an impressive $1.82 billion during the same period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $6.51 billion. Additionally, they are expecting the company to report profit of $1.57 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.27 | +3.8% | 1.46 B | +0.2% |
| Q1 2024 | $0.24 | +33.3% | 1.37 B | -7.2% |
| Q4 2023 | $0.48 | -28.4% | 1.75 B | -8.1% |
| Q3 2023 | $0.54 | -56.5% | 1.82 B | -12.6% |
| Q2 2023 | $0.26 | -49.0% | 1.46 B | -3.1% |
| *Growth on year-over-year basis | ||||
AMKR has scheduled a conference call on 28th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Amkor Technology (AMKR) closed Thursday's regular trading session at $29.37, marking a 0.37 percent downfall, with a volume of 848.50 thousand shares.
