Taiwan Semiconductor Earnings, Revenue Beat in Q3

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Taiwan Semiconductor announced earnings per share of NT$0.9 on revenue of NT$12.14B. Analysts polled by Investing.com anticipated EPS of NT$0.82 on revenue of NT$11.57B.

Taiwan Semiconductor shares are up 52.5% from the beginning of the year, still down 2.90% from its 52 week high of NT$91.25 set on October 12. They are outperforming the EUR/USD which is down 0% from the start of the year.

Taiwan Semiconductor’s report follows an earnings missed by Accenture on September 24, who reported EPS of NT$1.7 on revenue of NT$10.84B, compared to forecasts EPS of NT$1.73 on revenue of NT$10.93B.

Infosys ADR had beat expectations on Wednesday with second quarter EPS of NT$0.15 on revenue of NT$3.31B, compared to forecast for EPS of NT$0.14 on revenue of NT$3.26B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar