Home Markets Earnings Estimate Forecast on Tower Semiconductor Ltd.(TSEM)

Earnings Estimate Forecast on Tower Semiconductor Ltd.(TSEM)


Tower Semiconductor Ltd.(TSEM): For the most recent quarter end, Tower Semiconductor Ltd. reported Annual Earnings of $0.52. Based on the filings, last years Annual Earnings was, $1.75. For the most recent quarter end, TSEM reported a surprise Earnings per Share of 10.64% . The consensus estimate for current quarter is $0.47 and for the current fiscal year, the estimate is $2.13. For the Next fiscal year, the estimate is $2.42 based on the consensus. Migdal Haemek based Tower Semiconductor Ltd. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on May 08, 2017.

According to the corporate earnings calendar, Tower Semiconductor Ltd. will release next earnings on May 08, 2017 with an estimated EPS consensus of $0.47. Based on the consensus of stock financial advisors the stock has a price target of $28.71. Current year estimate on EPS consensus is $2.13. The Estimated EPS rate for Long term growth is $15.

For Dividend Investing Stock Market Traders Tower Semiconductor Ltd. has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

Tower Semiconductor Ltd. (USA) Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.48. The company had revenue of $340.40 million for the quarter, compared to analysts expectations of $339.93 million. The companys revenue was up 4.4% compared to the same quarter last year.

Tower Semiconductor Ltd. (NASDAQ:TSEM) witnessed a decline in the market cap on Wednesday as its shares dropped 0.04% or 0.01 points. After the session commenced at $23.13, the stock reached the higher end at $23.15 while it hit a low of $22.91. With the volume soaring to 654,208 shares, the last trade was called at $23.05. The company has a 52-week high of $23.15. The company has a market cap of $1,991 million and there are 86,357,000 shares in outstanding. The 52-week low of the share price is $11.0302.

Tower Semiconductor Ltd. is an independent manufacturer and service provider of semiconductor integrated circuits on silicon wafers. They provide IC design, manufacturing and turnkey services using advanced production capabilities and the proprietary IC designs of their customers, and are specializing in providing solutions for embedded non-volatile memory devices and CMOS image sensors. (press release)



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