Investing.com - Taiwan Semiconductor reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Taiwan Semiconductor announced earnings per share of 1.16 on revenue of 15.84B. Analysts polled by Investing.com anticipated EPS of 1.12 on revenue of 15.65B.
Taiwan Semiconductor shares are up 10.14% from the beginning of the year and are trading at 132.51 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Taiwan Semiconductor follows other major Information Technology sector earnings this month
Taiwan Semiconductor's report follows an earnings matched by Adobe on Thursday, December 16, 2021, who reported EPS of 3.2 on revenue of 4.11B, compared to forecasts EPS of 3.2 on revenue of 4.09B.
Accenture had beat expectations on Thursday, December 16, 2021 with first quarter EPS of 2.78 on revenue of 14.97B, compared to forecast for EPS of 2.64 on revenue of 14.22B.
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