Amkor Technology, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Amkor Technology, Inc. reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of twelve analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 76 cents to 82 cents per share.

• Revenue rose 0.2% to $1.99 billion from a year ago; analysts expected $2.01 billion.

• Amkor Technology, Inc.'s reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of $190.61 million.

• Amkor Technology, Inc. shares had fallen by 25.0% this quarter and lost 0.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."

• Wall Street's median 12-month price target for Amkor Technology, Inc. is $70.00, about 43.9% above its last closing price of $39.30

This summary was machine generated from LSEG data October 26 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)