Street Expectation From Amkor Technology, Inc. (NASDAQ:AMKR) 2Q20 Earnings?

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Amkor Technology, Inc. (NASDAQ:AMKR) is set to announce second quarter earning results on Monday 27th July 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, AMKR to report 2Q20 loss of $ 0.03 per share.

For the full year, analysts anticipate top line of $ 4539.35 million, while looking forward to income of $ 0.60 per share bottom line.

The Company Outlook

Revenue for 2Q20 are expected in a range of $ 1,000.00 million ~ $ 1,100.00 million

Click Here For More Historical Outlooks Of Amkor Technology, Inc.

Previous Quarter Performance

Amkor Technology, Inc. revealed income for the first quarter of $ 0.26 per share, from the revenue of $ 1,153.00 million. The quarterly revenues increased 28.83 percent compared with the same quarter last year. The consensus estimates are income of $ 0.15 per share from $ 1101.90 million in revenue. The bottom line results beat street analysts by $ 0.11 or 73.33 percent, at the same time, top line results outshined analysts by $ 51.10 million or 4.64 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Amkor Technology, Inc.

Stock Performance

According to the previous trading day, closing price of AMKR was $ 12.08, representing a 123.70 % increase from the 52 week low of $ 5.40 and a 20.79 % decrease over the 52 week high of $ 15.25.

The company has a market capital of $ 2.91 billion and is part of the Technology sector and Semiconductors industry.

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Conference Call

Amkor Technology, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.amkor.com

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer back-grinds, package design, packaging, and test and drop shipment services.