[UpcomingLive] TSM Q1 2021 Earnings Conference Call

Hello, mooers! Q1 Earnings reporting season kicks off! The quarterly reports will provide the first results that can be compared to another quarter in the COVID era. What's your insight or expectation for this quarter? Any enterprise's earnings call you'd like to watch? Please leave your comments below!

Tomorrow, @moo_live will broadcast the earnings conference call of Taiwan leading Semiconductor Manufacturing Company $Taiwan Semiconductor(TSM.US)$.

Schedule:
TSM: 04/15/2021 02:00 AM EST/02:00 PM SGT

Earnings Preview
There’s a massive shortage of semiconductor chips across the globe stemming from last year’s COVID-19 related supply chain disruptions. $Taiwan Semiconductor(TSM.US)$ is by far the dominant global producer at the center of the crisis.

Despite running its plants at over 100% utilization, the company has still been unable to keep up with demand. Recently, TSM announced that it would invest a staggering $100B over the next three years to increase production capacity (including a $3.5B plant in the US) to address the current global backlog and accommodate a coming surge in demand around technologies like 5G service.

Analyst Estimates for first-quarter revenues is pegged at $12.83 billion, suggesting growth of 24.5% from the year-ago quarter. Further, the consensus mark for first-quarter earnings is pegged at 91 cents per share, indicating an improvement of 21.3% from the prior-year reported figure.As you should know, TSM reported fourth-quarter 2020 earnings results on January 14th. Revenues came in at $12.68 billion, an increase of 14% compared to 2019.

Follow me to get the latest information and updates of earnings conference calls! And you are welcome to share your thoughts regarding financial reports or earnings calls by joining "Earnings Season: Mooers' Discussion" !