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Tower Semiconductor (TSEM) Earnings Date, Estimates & Call Transcripts

Tower Semiconductor logo
$44.36 -0.19 (-0.43%)
(As of 09:09 AM ET)

Tower Semiconductor Latest Earnings Summary

Latest
Earnings Date
Nov. 13Confirmed
Actual EPS
(Nov. 13)
$0.57 Beat By $0.12
Consensus EPS
(Nov. 13)
$0.45

Tower Semiconductor issued Q3 2024 earnings on November 13, 2024, reporting an EPS of $0.57, which topped the consensus estimate of $0.45 by $0.12. Quarterly revenue rose 3.4% year-over-year to $370.50 million, above analysts' expectations of $370.30 million. With a trailing EPS of $1.85 and a P/E Ratio of 23.98, Tower Semiconductor's earnings are expected to grow 2.20% next year, from $1.82 to $1.86 per share.

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TSEM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

TSEM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Tower Semiconductor Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q3 20241$0.45$0.45$0.45 
Q4 20241$0.50$0.50$0.50 

Tower Semiconductor Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/13/2024-$0.45$0.57+$0.12-$370.30M$370.50M        
7/24/2024Q2 2024$0.41$0.46+$0.05$0.44$350.00M$351.18M  
5/9/2024Q1 2024$0.32$0.40+$0.08$0.40$325.00M$327.24M    
2/14/2024Q4 2023$0.47$0.49+$0.02$0.50$350.00M$351.71M    
11/13/2023Q3 2023$0.45$0.47+$0.02-$2.13$359.17M$358.17M    
7/26/2023Q2 2023$0.43$0.46+$0.03$0.46$354.04M$357.19M  
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5/15/2023Q1 2023$0.44$0.41 -$0.03$0.18$348.80M$355.61M
2/16/2023Q4 2022$0.49$0.65+$0.16$0.55$395.79M$403.23M  

Tower Semiconductor Earnings - Frequently Asked Questions

Tower Semiconductor (NASDAQ:TSEM) last announced its quarterly earning data on Wednesday, November 13, 2024. Learn more on TSEM's earnings history.

Tower Semiconductor issued an update on its fourth quarter 2024 earnings guidance on Wednesday, November, 13th. The company issued revenue guidance of $367.7 million-$406.4 million, compared to the consensus revenue estimate of $379.2 million.

In the previous quarter, Tower Semiconductor (NASDAQ:TSEM) reported $0.57 earnings per share (EPS) to beat the analysts' consensus estimate of $0.45 by $0.12. Learn more on analysts' earnings estimate vs. TSEM's actual earnings.

The conference call for Tower Semiconductor's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Tower Semiconductor's latest earnings report can be read online.
Read Transcript

Tower Semiconductor (NASDAQ:TSEM) has a recorded annual revenue of $1.39 billion.

Tower Semiconductor (NASDAQ:TSEM) has a recorded net income of $518.49 million. TSEM has generated $1.85 earnings per share over the last four quarters.

Tower Semiconductor (NASDAQ:TSEM) has a trailing price-to-earnings ratio of 24.08 and a forward price-to-earnings ratio of 24.48.

Tower Semiconductor's earnings are expected to grow from $1.82 per share to $1.86 per share in the next year, which is a 2.20% increase.

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This page (NASDAQ:TSEM) was last updated on 11/18/2024 by MarketBeat.com Staff
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