Why Amkor Technology (AMKR) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Amkor Technology (AMKR) is well-positioned to continue its earnings-beat streak, having a strong track record of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 81.36% [1] Earnings Performance - For the most recent quarter, Amkor reported earnings of $0.27 per share, exceeding the expected$0.22 per share by 22.73%. In the previous quarter, it reported $0.24 per share against an estimate of$0.10, resulting in a surprise of 140% [1] - The favorable history of earnings surprises has led to positive changes in earnings estimates for Amkor Technology [2] Earnings ESP and Zacks Rank - Amkor Technology has a positive Earnings ESP of +0.81%, indicating that analysts have recently become more optimistic about the company's earnings prospects [3] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with research indicating that such combinations result in positive surprises nearly 70% of the time [2][3] Importance of Earnings ESP - The Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [3] - It is crucial for investors to check a company's Earnings ESP before quarterly releases to enhance the chances of successful investment decisions [4]