Earnings Reports Expected from Key Companies: GE Aerospace (GE) and Taiwan Semiconductor Manufacturing Company (TSM) are set to release their Q2 earnings reports this week. GE’s stock has surged over 50% year-to-date, while TSM has gained 15%. Over the last three years, GE’s stock is up 300% and TSM by 160%.
GE Aerospace’s Q2 Expectations
GE Aerospace anticipates a 19% increase in Q2 earnings to $1.43 per share, up from $1.20 in the same quarter last year. Sales are projected to reach $9.7 billion, up 18% from $8.22 billion. The company has beat earnings expectations for 10 consecutive quarters, averaging a surprise of 17.97%.
Taiwan Semiconductor’s Q2 Expectations
For Q2, Taiwan Semiconductor expects earnings to climb 60% to $2.37 per share, compared to $1.48 in the prior year. Sales are slated to increase 44% to $30.04 billion from $20.82 billion in Q2 2024. The company has exceeded earnings expectations for 18 quarters, with an average surprise of 6.91%.
