Benzinga | Oct 27, 2021 07:15AM EDT

Recap: United Microelectronics Q3 Earnings



United Microelectronics (NYSE:UMC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

United Microelectronics beat their estimated earnings by 35.26%, reporting an EPS of $0.257 versus an estimate of $0.19, which surprised analysts.

Revenue was up $466,000,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05, which was followed by a 7.6% increase in the share price the next day.

Here's a look at United Microelectronics's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.130 0.060 0.06 0.07EPS Actual 0.176 0.149 0.16 0.13Revenue Estimate 1.78B 1.57B 1.57B 1.49BRevenue Actual 1.83B 1.65B 1.59B 1.54B

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