$0.14 Earnings Per Share Expected for AU Optronics Corp (AUO) This Quarter

Analysts expect AU Optronics Corp (NYSE:AUO) to report earnings per share of $0.14 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for AU Optronics’ earnings. AU Optronics reported earnings per share of $0.29 during the same quarter last year, which would suggest a negative year over year growth rate of 51.7%. The company is expected to report its next earnings results before the market opens on Wednesday, February 7th.

On average, analysts expect that AU Optronics will report full-year earnings of $1.12 per share for the current financial year. For the next year, analysts expect that the company will post earnings of $0.28 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for AU Optronics.

AU Optronics (NYSE:AUO) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.63. The firm had revenue of $87.40 billion during the quarter, compared to analysts’ expectations of $85.19 billion. AU Optronics had a net margin of 10.56% and a return on equity of 18.55%. The business’s revenue was up 1.6% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share.

A number of brokerages have recently issued reports on AUO. CLSA upgraded shares of AU Optronics from an “underperform” rating to an “outperform” rating in a report on Wednesday. Morgan Stanley upgraded shares of AU Optronics from an “equal weight” rating to an “overweight” rating in a report on Tuesday. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. AU Optronics presently has a consensus rating of “Hold”.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC bought a new position in shares of AU Optronics during the second quarter valued at about $127,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of AU Optronics during the second quarter valued at about $163,000. Verition Fund Management LLC lifted its position in shares of AU Optronics by 102.3% during the second quarter. Verition Fund Management LLC now owns 36,210 shares of the semiconductor company’s stock valued at $165,000 after purchasing an additional 18,310 shares in the last quarter. Shelton Capital Management bought a new position in shares of AU Optronics during the second quarter valued at about $205,000. Finally, First Trust Advisors LP lifted its position in shares of AU Optronics by 111.3% during the third quarter. First Trust Advisors LP now owns 56,521 shares of the semiconductor company’s stock valued at $228,000 after purchasing an additional 29,778 shares in the last quarter. 6.67% of the stock is currently owned by institutional investors.

Shares of AU Optronics (NYSE AUO) traded up $0.10 during midday trading on Wednesday, hitting $4.99. 1,360,291 shares of the stock were exchanged, compared to its average volume of 1,147,657. The firm has a market capitalization of $4,706.26, a PE ratio of 3.99 and a beta of 0.55. AU Optronics has a 52-week low of $3.60 and a 52-week high of $5.35. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.57 and a quick ratio of 1.36.

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About AU Optronics

AU Optronics Corp. is a thin-film-transistor liquid-crystal display (TFT-LCD) panel provider. The Company operates in two business segments: display business and solar business. Through Display business segment, the Company designs, develops, manufactures, assembles and markets flat panel displays and most of its products are TFT-LCD panels.

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