United Microelectronics Q2 EPS $0.204 Beats $0.15 Estimate, Sales $1.81B Beat $1.78B Estimate
Portfolio Pulse from Benzinga Newsdesk
United Microelectronics (NYSE:UMC) reported Q2 earnings of $0.204 per share, beating the analyst consensus estimate of $0.15 by 36 percent. The company also reported quarterly sales of $1.81 billion, surpassing the analyst consensus estimate of $1.78 billion by 1.69 percent.
July 26, 2023 | 10:06 am
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United Microelectronics reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
United Microelectronics reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100