On July 21, Amkor Technology rose 6.64% in regular trading, trading at $65.3/share, with turnover of $11.721 million. The rally was driven by robust earnings expectations ahead of the company's quarterly report scheduled for July 27, combined with a broad semiconductor equipment sector rally.
Market consensus estimates project Amkor's quarterly revenue at $1.808 billion, representing a 27.10% year-over-year increase. Adjusted EPS is expected at $0.47, surging 201.58% year-over-year, while EBIT is forecast at $150 million, up 180.29%. The company delivered strong results last quarter with revenue of $1.685 billion (up 27.48% YoY) and adjusted EPS of $0.33 (up 266.67% YoY). In the broader semiconductor equipment sector, peers posted significant gains, with Teradyne up 7.68%, Applied Materials up 5.35%, KLA-Tencor up 3.52%, Lam Research up 3.32%, and ASML up 3.04%, reflecting strong sector-wide momentum.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)