United Microelectronics: Q3 Earnings Insights

United Microelectronics UMC reported its Q3 earnings results on Wednesday, October 26, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

United Microelectronics beat estimated earnings by 15.0%, reporting an EPS of $0.345 versus an estimate of $0.3.

Revenue was up $372.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 2.47% drop in the share price the next day.

Here's a look at United Microelectronics's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.300 0.220 0.210 0.190
EPS Actual 0.293 0.281 0.235 0.257
Revenue Estimate 2.39B 2.26B 2.08B 1.99B
Revenue Actual 2.42B 2.22B 2.14B 2.01B

To track all earnings releases for United Microelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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