📈 TSM Earnings

TSM Earnings

By the time you are reading this, TSM earnings will be released. Because they are based in Taiwan, earnings will be releasing at 6am on Thursday, January 18th.

Taiwan Semiconductor is a leading chipmaker. Their chips account for 90% of the world’s leading-edge computer chips.

Their earnings will reflect upon the entire semiconductor space because their performance will likely mirror how the entire sector performs.

Earnings Expectations

Here are the key numbers to look out for:

• Earnings per Share: Consensus: $1.39; Previous: $1.26

As you can see from the table below, TSM has beat EPS expectations consistently over the past few years:

The Stock

TSM has held in there relative to other stocks over the past few weeks. We also saw a ton of buying at the end of the day yesterday, likely from institutions which could be a good sign for earnings.

See here how TSM saw nothing but buying on massive volume to close the day:

For more information on TSM earnings, watch the clip below: