Taiwan Semiconductor (NYSE:TSM) is gearing up to announce its quarterly earnings on Thursday, 2024-10-17. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Taiwan Semiconductor will report an earnings per share (EPS) of $1.80.

Taiwan Semiconductor bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.10, leading to a 3.55% drop in the share price on the subsequent day.

Here's a look at Taiwan Semiconductor's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.38

1.31

1.37

1.17

EPS Actual

1.48

1.38

1.44

1.29

Price Change %

-4.0%

-3.0%

1.0%

-2.0%

Market Performance of Taiwan Semiconductor's Stock

Shares of Taiwan Semiconductor were trading at $187.13 as of October 15. Over the last 52-week period, shares are up 101.79%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Taiwan Semiconductor

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Taiwan Semiconductor.

The consensus rating for Taiwan Semiconductor is Outperform, based on 3 analyst ratings. With an average ...