ASE Technology Holding Co Ltd reports results for the quarter ended June 30 - Earnings Summary

• ASE Technology Holding Co Ltd 3711 reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 13 cents to 15 cents per share.

• Revenue rose 11.1% to $4.83 billion from a year ago; analysts expected $4.83 billion.

• ASE Technology Holding Co Ltd's reported EPS for the quarter was 11 cents​.

• ASE Technology Holding Co Ltd shares had held steady so far this quarter and gained 2.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for ASE Technology Holding Co Ltd is $11.00, about 6.1% above its last closing price of $10.33

This summary was machine generated from LSEG data July 31 at 11:59 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)