Taiwan Semiconductor Manufacturing (TSM) to Release Quarterly Earnings on Thursday


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Taiwan Semiconductor Manufacturing (NYSE:TSM) is set to issue its quarterly earnings data before the market opens on Thursday, April 15th. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Taiwan Semiconductor Manufacturing has set its Q1 2021
Pre-Market guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last announced its quarterly earnings results on Thursday, January 14th. The semiconductor company reported $0.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.92 by $0.05. The firm had revenue of $12.68 billion during the quarter, compared to analyst estimates of $12.90 billion. Taiwan Semiconductor Manufacturing had a return on equity of 28.73% and a net margin of 37.94%. On average, analysts expect Taiwan Semiconductor Manufacturing to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of TSM stock opened at $121.27 on Wednesday. The company has a current ratio of 1.75, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14. Taiwan Semiconductor Manufacturing has a 12-month low of $49.04 and a 12-month high of $142.20. The business’s 50 day moving average is $120.29 and its two-hundred day moving average is $109.28. The company has a market capitalization of $628.92 billion, a P/E ratio of 35.67, a P/E/G ratio of 1.26 and a beta of 0.99.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 15th. Stockholders of record on Friday, June 18th will be given a $0.3527 dividend. This represents a $1.41 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Thursday, June 17th. Taiwan Semiconductor Manufacturing’s dividend payout ratio (DPR) is presently 41.89%.

A number of research analysts have recently issued reports on the company. Susquehanna Bancshares reiterated a “sell” rating and set a $74.00 target price on shares of Taiwan Semiconductor Manufacturing in a research report on Tuesday, January 26th. Zacks Investment Research lowered shares of Taiwan Semiconductor Manufacturing from a “hold” rating to a “sell” rating in a research report on Wednesday, March 17th. Atlantic Securities began coverage on shares of Taiwan Semiconductor Manufacturing in a research note on Monday. They set a “neutral” rating and a $130.00 target price for the company. Sanford C. Bernstein raised shares of Taiwan Semiconductor Manufacturing from a “market perform” rating to an “outperform” rating and set a $149.00 price target on the stock in a research note on Tuesday, January 12th. Finally, Susquehanna reiterated a “sell” rating and issued a $74.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Tuesday, January 26th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. Taiwan Semiconductor Manufacturing currently has an average rating of “Hold” and an average target price of $110.60.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited manufactures and sells integrated circuits and semiconductors. It also offers customer service, account management, and engineering services. The company serves customers in computer, communications, consumer, and industrial and standard segments in North America, Europe, Japan, China, and South Korea.

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Earnings History for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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