United Microelectronics Corporation (NYSE:UMC) provider of semiconductor wafer foundry solutions, is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.05 per share.
Looking ahead, the full year income are expected at $ 0.17 per share on the revenues of $ 5613.77 million.
Previous Quarter Performance
United Microelectronics Corporation disclosed income for the first quarter of $ 0.03 per share, from the revenue of $ 1,398.00 million. The quarterly earnings increased 50.00 percent while revenues elevated 32.19 percent compared with the same quarter last year.
Wall street analysts are predicting, UMC to report 1Q20 income of $ 0.04 per share from revenue of $ 1394.84 million. The bottom line results missed street analysts by $ 0.01 or 25 percent, at the same time, top line results outshined analysts by $ 3.16 million or 0.23 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of UMC was $ 3.66, representing a 83.92 % increase from the 52 week low of $ 1.99 and a 10.73 % decrease over the 52 week high of $ 4.10.
The company has a market capital of $ 8.45 billion and is part of the Technology sector and Semiconductors industry.
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United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, the United States, Europe, and internationally. The company operates through Wafer Fabrication and New Business segments. It provides circuit design, mask tooling, wafer fabrication, and assembly and testing services.
