Taiwan Semiconductor Manufacturing Earnings: Your Sneak Peek to the Big Announcement

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) will report earnings before markets open on Thursday, July 18th. Taiwan Semiconductor Manufacturing Company Ltd. manufactures integrated circuits based on its proprietary designs. The Company offers a comprehensive set of integrated circuit fabrication processes to manufacture CMOS logic, mixed-mode, volatile and non-volatile memory and BiCMOS chips. Taiwan Semiconductor is an affiliate of Philips Electronics N.V.

Here is your Cheat Sheet to Taiwan Semiconductor Manufacturing Co. Earnings:

Earnings Expectations: Analysts expect earnings of $0.32 per share on revenues of $5.19 billion. Currently, the company’s P/E ratio stands at 16.33.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.32 to a profit $0.33. For the current year, the average estimate is a profit of $1.23, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Taiwan Semiconductor Manufacturing Co. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10,608 9,256 13,322 14,543 17,116
Diluted EPS ($) 0.61 0.52 0.99 0.88 1.08

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 4,326.00 4,735.00 4,504.00 4,509.00
Diluted EPS ($) 0.27 0.32 0.28 0.26

Past Performance:
Taiwan Semiconductor Manufacturing Co. has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)