Benzinga | Jan 12, 2022 10:11AM EST

Earnings Preview For Taiwan Semiconductor

Taiwan Semiconductor (NYSE:TSM) is set to give its latest quarterly earnings report on Thursday, 2022-01-13. Here's what investors need to know before the announcement.

Analysts estimate that Taiwan Semiconductor will likely report an Earnings Per Share (EPS) of $1.12.

Taiwan Semiconductor bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.04, which was followed by a 2.04% increase in the share price the next day.

Here's a look at Taiwan Semiconductor's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.04 0.93 0.95 0.94EPS Actual 1.08 0.93 0.96 0.97Price Change % 2.04% -1.52% 0.41% -0.96%

Stock Performance

Shares of Taiwan Semiconductor were trading at $129.17 as of January 11. Over the last 52-week period, shares are up 3.32%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.