Taiwan Semiconductor Manufacturing (NYSE: TSM ) is expected to report Q4 earnings on Jan. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Taiwan Semiconductor Manufacturing's revenues will increase 30.6% and EPS will increase 40.0%.
The average estimate for revenue is $4.52 billion. On the bottom line, the average EPS estimate is $0.28.
Last quarter, Taiwan Semiconductor Manufacturing logged revenue of $4.82 billion. GAAP reported sales were 38% higher than the prior-year quarter's $3.49 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.32. GAAP EPS of $0.06 for Q3 were 50% higher than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 48.8%, 680 basis points better than the prior-year quarter. Operating margin was 37.2%, 750 basis points better than the prior-year quarter. Net margin was 34.9%, 640 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $17.39 billion. The average EPS estimate is $1.09.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,362 members out of 1,408 rating the stock outperform, and 46 members rating it underperform. Among 339 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 335 give Taiwan Semiconductor Manufacturing a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Taiwan Semiconductor Manufacturing is hold, with an average price target of $14.83.
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