United Microelectronics (NYSE:UMC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 05:00 AM.
Here’s what investors need to know about the announcement.
Earnings
United Microelectronics beat their estimated earnings by 35.26%, reporting an EPS of $0.257 versus an estimate of $0.19, which surprised analysts.
Revenue was up $466,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 7.6% increase in the share price the next day.
Here’s a look at United Microelectronics’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.130 | 0.060 | 0.06 | 0.07 |
| EPS Actual | 0.176 | 0.149 | 0.16 | 0.13 |
| Revenue Estimate | 1.78B | 1.57B | 1.57B | 1.49B |
| Revenue Actual | 1.83B | 1.65B | 1.59B | 1.54B |
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