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Amkor Technology Shares Drop After 2028 Outlook Trails Estimates

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Amkor Technology (AMKR) shares fell 3.5% in Thursday trading after the company set 2028 financial targets that trailed expectations by analysts.

In an investor presentation, Amkor said it is targeting 2028 EPS of $2.50, plus or minus $0.25, on revenue of $9 billion, plus or minus $500 million. Analysts polled by FactSet expect EPS of $3.07 and revenue of $9.22 billion.

Price: $66.07, Change: $-2.42, Percent Change: -3.53%

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