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Chunghwa Telecom Co Ltd (CHT)
NYSE:CHT
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Earnings Data
Report Date
Jan 23, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.34Last Year’s EPS
$0.34Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2024
|% Change Since: -2.34%
|Next Earnings Date:Jan 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth and strategic achievements in 5G and ICT markets, alongside significant ESG milestones. However, this was tempered by slight declines in profits due to increased operational costs and strategic investments.Company Guidance
During the Chunghwa Telecom Q3 2024 earnings call, several key metrics were highlighted. The company reported a new single-quarter revenue record for Q3, the highest in the last seven years, with revenue exceeding TWD 55 billion, marking a 3.6% year-over-year increase. The company's mobile service revenue grew by 2% year-over-year, maintaining growth for 14 consecutive quarters. Chunghwa Telecom's 5G subscriber market share reached 38.8%, surpassing its overall mobile subscriber share of 37.8%. Fixed broadband revenue and ARPU increased by 3.4% and 1.5% year-over-year, respectively. Despite these revenue gains, income from operations and net income slightly declined by 0.8% and 1%, respectively, due to higher manpower costs and increased broadcast rights fees for the Paris Olympic Games. The Enterprise Business Group (EBG) saw a 5.9% year-over-year revenue increase, driven by a 22% increase in ICT business revenue. The company's earnings per share for the quarter stood at 1.16, while EBITDA and EBITDA margin remained stable, demonstrating resilience amid increased operational expenses.Record Revenue Achievements
Achieved a new single-quarter revenue record for the third quarter, the highest in the last 7 years, with revenue exceeding TWD 55 billion, marking a 3.6% increase from the same quarter last year.
Expansion in 5G and Mobile Services
Chunghwa Telecom maintained the highest 5G penetration and achieved a 2% year-over-year increase in mobile service revenue, marking 14 consecutive quarters of growth.
Significant Growth in ICT and Enterprise Segments
ICT revenue saw a 22% year-over-year increase, driven by strong performance in emerging services. Enterprise business group revenue increased by 5.9% year-over-year.
Fixed Broadband Growth
Fixed broadband revenue and ARPU increased by 3.4% and 1.5% year-over-year, respectively, thanks to successful speed upgrades.
International Business Expansion
International business group revenue increased by 1.4%, with a notable 11% increase in income before tax, driven by cloud and ICT demand.
ESG Achievements
Received SBTI verification for net zero greenhouse gas emission target by 2045, and obtained carbon footprint verification for all service centers.
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CHT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CHT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $38.51 | $37.24 | -3.30% |
| Aug 06, 2024 | $37.05 | $37.66 | +1.65% |
| May 02, 2024 | $36.87 | $36.62 | -0.68% |
| Jan 30, 2024 | $37.23 | $36.74 | -1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Chunghwa Telecom Co Ltd (CHT) report earnings?
Chunghwa Telecom Co Ltd (CHT) is schdueled to report earning on Jan 23, 2025, TBA Not Confirmed.
What is Chunghwa Telecom Co Ltd (CHT) earnings time?
Chunghwa Telecom Co Ltd (CHT) earnings time is at Jan 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CHT EPS forecast?
CHT EPS forecast for the fiscal quarter 2024 (Q4) is $0.34.
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