Earnings Preview: Amkor Tech
Portfolio Pulse from Benzinga Insights
Amkor Tech (NASDAQ:AMKR) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance shows a pattern of beating EPS estimates, which often leads to an increase in share price. The stock was trading at $21.23 as of October 26, with a 1.24% increase over the last 52-week period.
October 27, 2023 | 2:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Amkor Tech is expected to report an EPS of $0.53 in its upcoming earnings report. The company's history of beating EPS estimates could potentially lead to a share price increase.
Amkor Tech has a history of beating EPS estimates, which often leads to an increase in share price. Given the positive analyst estimate for the upcoming earnings report, there is a potential for a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100