Amkor Tech Q3 2024 GAAP EPS $0.49 Misses $0.50 Estimate, Sales $1.86B Beat $1.84B Estimate
Portfolio Pulse from Benzinga Newsdesk
Amkor Technology reported Q3 2024 earnings per share of $0.49, missing the consensus estimate of $0.50. However, the company exceeded sales expectations with $1.86 billion, surpassing the $1.84 billion estimate.
October 28, 2024 | 8:06 pm
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Amkor Technology's Q3 2024 earnings per share of $0.49 missed the consensus estimate of $0.50, but sales of $1.86 billion exceeded expectations. This mixed result may lead to short-term stock price volatility.
The earnings per share miss by a small margin could negatively impact investor sentiment, but the sales beat might offset this. The mixed results suggest potential short-term volatility in the stock price.
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