Investing.com - Taiwan Semiconductor reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Taiwan Semiconductor announced earnings per share of 1.07 on revenue of 14.74B. Analysts polled by Investing.com anticipated EPS of 1.04 on revenue of 14.84B.
Taiwan Semiconductor shares are up 0.86% from the beginning of the year and are trading at 109.98 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Taiwan Semiconductor follows other major Technology sector earnings this month
Taiwan Semiconductor's report follows an earnings beat by Adobe on Tuesday, September 21, 2021, who reported EPS of 3.11 on revenue of 3.94B, compared to forecasts EPS of 3.01 on revenue of 3.89B.
Accenture had beat expectations on Thursday, September 23, 2021 with fourth quarter EPS of 2.2 on revenue of 13.42B, compared to forecast for EPS of 2.19 on revenue of 13.43B.
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