Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For ASE Technology Holding Co. Ltd. ($ASX)

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ASE Technology Holding Co. Ltd. (NYSE: ASX) is scheduled to reveal its financial results for the third quarter on Thursday 31st October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.

Wall Street financial experts are forecasting that the organization will announce an expected $0.15 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $5.15 billion for this specific period.

Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $19.83 billion. Additionally, they are expecting the earnings per share for the company to hit profit of $0.54 during the fiscal year.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.13. This notable figure was attributed to the company's total revenue, which settled at an impressive $4.87 billion during that specific quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.11 -8.3% 4.35 B -2.4%
Q1 2024 $0.08 -11.1% 4.24 B -1.4%
Q4 2023 $0.13 -43.5% 5.03 B -11.2%
Q3 2023 $0.13 -50.0% 4.87 B -22.3%
Q2 2023 $0.12 -52.0% 4.46 B -18.3%
*Growth on year-over-year basis

 

ASE Technology Holding Co. Ltd. (ASX) closed Tuesday's regular trading session at $10.17, showing a 0.20 percent gain. The stock fluctuated between $10.00 and $10.24 during the day, with a volume of 9.52 million shares.