These Analysts Slash Their Forecasts On Amkor Technology After Q3 Results
Amkor missed Q3 EPS and revenue estimates, issued below-consensus Q4 guidance, while shares rose 6.8%; analysts cut price targets.
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Why It Matters
Amkor did worse than expected in Q3 and warned Q4 will be weaker too. Experts lowered their guesses about the company's future stock price, but shares jumped anyway.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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