Should TSM Stock Be Part of Your Portfolio Ahead of Q3 Earnings?

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is scheduled to report third-quarter 2024 results on Oct. 17.The Zacks Consensus Estimate for third-quarter earnings is pegged at $1.74 per share, which implies growth of 34.9% from the year-ago quarter’s reported number. The estimate has been revised upward by a couple of cents over the past 60 days.Image Source: Zacks Investment ResearchTaiwan Semiconductor expects revenues to be between $22.4 billion and $23.2 billion, and the Zacks Consensus Estimate ...