Taiwan Semi (TSM) Tops Q3 EPS by 13c, Issues Upside Revenue Guidance

Taiwan Semi (NYSE: TSM) reported Q3 EPS of $1.79, $0.13 better than the analyst estimate of $1.66. Revenue for the quarter came in at $20.23 billion versus the consensus estimate of $19.65 billion.

GUIDANCE:

Taiwan Semi sees Q4 2022 revenue of $19.9-20.7 billion, versus the consensus of $19.44 billion.

And, based on the exchange rate assumption of 1 US dollar to 31.5 NT dollars,

Gross profit margin is expected to be between 59.5% and 61.5%;
Operating profit margin is expected to be between 49% and 51%.

For earnings history and earnings-related data on Taiwan Semi (TSM) click here.

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