Amkor Technology Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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Amkor Technology, Inc. (NASDAQ:AMKR) will release earnings for its first quarter after the closing bell on Monday, April 27.

Analysts expect the Tempe, Arizona-based company to report quarterly earnings of 24 cents cents per share, up from 9 cents per share in the year-ago period. The consensus estimate for Amkor Technology’s quarterly revenue is $1.65 billion (it reported $1.32 billion last year), according to Benzinga Pro.

On Feb. 19, Amkor announced that its board has approved a quarterly cash dividend of $0.08352 per share on the company’s common stock.

Amkor Technology shares gained 7.2% to close at $78.11 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how …

Full story available on Benzinga.com

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