TSM Q4 Earnings Preview: Q4 Sales Seen Up 21%

Tiger Newspress2022-01-10

Taiwan Semiconductor Manufacturing (TSM), the world's largest chip foundry will report its results for the full fourth quarter on Thursday.

The semiconductor shortage has been a huge story on Wall Street over the last year since it touches so many industries.

Analysts expect the contract chipmaker to earn $1.12 per U.S. share on sales of $15.64 billion in Q4. That would translate to year-over-year growth of 13% in earnings and 21% in sales. TSM stock has formed a saucer base with a buy point of 142.29.

Executives said in October that Q4 sales should land between $15.4 billion and $15.7 billion, and that 23% spike would imply progress at boosting production volumes. Investors are hopeful that this rebound also comes with significant price increases that reflect TWSC's leadership position.

Looking ahead, the company should benefit from strong demand for tech products through 2022. Watch for those trends to support a bullish outlook for 2022, and for the current fiscal quarter -- assuming TWSC isn't facing any major input shortages or production bottlenecks.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • LimLS
    2022-01-10
    LimLS
    2022 should still be a good year for semiconductor. The supply have not catch up yet. The earning reports should still be good. Only worry is the hawkish tone from Fed. If Fed decide to pick up it's pace, market will not be able to go up even with good reports
  • FlippingBird
    2022-01-10
    FlippingBird
    Like
  • Omega88
    2022-01-10
    Omega88
    Optimistic on the future outlook! To minimise risk, accumulate more when price is cheap! 
  • Cenadius
    2022-01-10
    Cenadius
    Good
  • Cenadius
    2022-01-10
    Cenadius
    Nice
  • Yunnn
    2022-01-10
    Yunnn
    Should be good news for semiconductors 
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