Taiwan Semiconductor Q2 2024 GAAP EPS $1.48 Beats $1.40 Estimate, Sales $20.820B Beat $20.232B Estimate
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor (NYSE: TSM) reported Q2 2024 earnings of $1.48 per share, beating the analyst estimate of $1.40. Sales were $20.820 billion, surpassing the $20.232 billion estimate. Both earnings and sales showed significant year-over-year growth.
July 18, 2024 | 6:08 am
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Taiwan Semiconductor (NYSE: TSM) reported Q2 2024 earnings of $1.48 per share, beating the analyst estimate of $1.40. Sales were $20.820 billion, surpassing the $20.232 billion estimate. Both earnings and sales showed significant year-over-year growth.
TSM's Q2 2024 earnings and sales both exceeded analyst estimates and showed significant year-over-year growth. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100