United Microelectronics (NYSE:UMC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
United Microelectronics beat estimated earnings by 27.73%, reporting an EPS of $0.281 versus an estimate of $0.22.
Revenue was up $565.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 1.78% drop in the share price the next day.
Here's a look at United Microelectronics's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.210 | 0.190 | 0.130 | 0.060 |
| EPS Actual | 0.235 | 0.257 | 0.176 | 0.149 |
| Revenue Estimate | 2.08B | 1.99B | 1.78B | 1.57B |
| Revenue Actual | 2.14B | 2.01B | 1.83B | 1.65B |
To track all earnings releases for United Microelectronics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
