TSM Earnings Play
Posted: Mar 31, 2024
- TSM (Taiwan Semiconductor Manufacturing Company) is expected to have strong earnings - TSM releases monthly revenue reports on their investor relations website - Revenues for the current quarter are 397,433 (M) NT - March is typically a slower month for TSM, with previous revenues around $150,000 (M) NT - YOY revenue growth for the two previous months has been 7.9% and 11.3% - Estimated revenue for March is 165,000 (M) NT - Total revenue for the quarter could be 562,433 (M) NT, converting to 17435 (M) USD - Expected profit is 6974 (M) USD, potentially leading to EPS of $1.49-1.5 - Bullish on TSM but not financial advice
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