Investing.com – Taiwan Semiconductor reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Taiwan Semiconductor announced earnings per share of 1.16 on revenue of 15.84B. Analysts polled by Investing.com anticipated EPS of 1.12 on revenue of 15.65B.
Taiwan Semiconductor shares are up 10.14% from the beginning of the year, still down 6.81% from its 52 week high of 142.19 set on February 16, 2021. They are outperforming the which is down 0% from the start of the year.
Taiwan Semiconductor follows other major Information Technology sector earnings this month
Taiwan Semiconductor’s report follows an earnings matched by Adobe on December 16, 2021, who reported EPS of 3.2 on revenue of 4.11B, compared to forecasts EPS of 3.2 on revenue of 4.09B.
Accenture had beat expectations on December 16, 2021 with first quarter EPS of 2.78 on revenue of 14.97B, compared to forecast for EPS of 2.64 on revenue of 14.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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