Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
United Microelectronics (UMC)
:UMC
Holding UMC?
Track your performance easily
Earnings Data
Report Date
Jan 21, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.14Last Year’s EPS
0.17Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 24, 2018
|% Change Since: -15.25%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
UMC reported strong revenue growth in their specialty portfolio and wafer shipments, and continued investment in technology and international diversification. However, challenges include declining gross margins, reduced capacity utilization, and potential future pricing adjustments, which could affect profitability.Company Guidance
During the third quarter of 2024, UMC provided guidance indicating that wafer shipments were expected to remain flat in the fourth quarter, with ASP in U.S. dollars also projected to stay stable. However, due to the appreciation of the NT dollar, Q4 NT dollar revenue might decrease. The gross margin is anticipated to be close to 30%, reflecting a decline from the previous quarter's 34%, primarily due to a lower capacity utilization rate of high 60% compared to 71% in Q3. The company also mentioned that the annual CapEx budget for 2024 would be set at USD 3 billion. These projections were made amidst a backdrop of stabilizing demand across end markets and a downward trend in inventory levels.Record High Revenue from Specialty Portfolio
Revenue from UMC's specialty portfolio hit a record high in Q3 2024, accounting for 53.1% of total sales.
Wafer Shipment Increase
Wafer shipments grew 7.8% sequentially due to strong demand for 22- and 28-nanometer products.
Stable ASP and Technology Development
ASP remained flat, demonstrating pricing resilience amidst market conditions. UMC continues to invest significantly in technology development.
Successful 22/28-nanometer Growth
UMC's 22/28-nanometer revenue reached a record high of 35% of total revenue in Q3 2024.
International Diversification
UMC's diversified manufacturing footprint continues to support customer strategies, with new fab expansion in Singapore nearing completion.
---
UMC 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
---
UMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $7.41 | $6.99 | -5.67% |
| Jul 31, 2024 | $7.43 | $8.37 | +12.65% |
| Apr 24, 2024 | $7.29 | $7.39 | +1.37% |
| Jan 31, 2024 | $7.51 | $7.40 | -1.46% |
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.
---
FAQ
When does United Microelectronics (UMC) report earnings?
United Microelectronics (UMC) is schdueled to report earning on Jan 21, 2025, TBA Not Confirmed.
What is United Microelectronics (UMC) earnings time?
United Microelectronics (UMC) earnings time is at Jan 21, 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 UMC EPS forecast?
UMC EPS forecast for the fiscal quarter 2024 (Q4) is 0.14.
---