Taiwan Semiconductor Earnings, Revenue Beat in Q2

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Taiwan Semiconductor announced earnings per share of 1.55 on revenue of 18.16B. Analysts polled by Investing.com anticipated EPS of 1.43 on revenue of 17.66B.

Taiwan Semiconductor shares are down 32.43% from the beginning of the year, still down 43.94% from its 52 week high of 145.00 set on January 13. They are under-performing the EUR/USD which is down 0% from the start of the year.

Taiwan Semiconductor’s report follows an earnings beat by Adobe on June 16, who reported EPS of 3.35 on revenue of 4.39B, compared to forecasts EPS of 3.31 on revenue of 4.34B.

Accenture had missed expectations on June 23 with third quarter EPS of 2.79 on revenue of 16.16B, compared to forecast for EPS of 2.86 on revenue of 16.04B.

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