Earnings smh stock in Jun

The VanEck Semiconductor ETF (SMH) does not have any earnings releases scheduled for June 2024. However, it's important to note that the absence of a specific earnings release date does not necessarily indicate a lack of earnings potential. Individual companies within the ETF may still release their earnings reports during the month. Investors should conduct due diligence on specific companies within the ETF to understand their earnings schedules.

1. Intel's Performance: Intel, one of the top holdings in SMH, reported earnings per share (EPS) of $0.18 on revenue of $12.7 billion in Q1 2024, representing a 9% year-over-year increase. This indicates a positive performance for Intel during the quarter.
2. NVIDIA's Growth: NVIDIA, another significant contributor to SMH's returns, experienced a substantial increase in its earnings with an EPS of $5.98, a 629% increase from the previous year. NVIDIA's revenue also saw a significant year-over-year growth, with a record total revenue of $26.0 billion, up 262% from the previous year. This strong performance by NVIDIA is a positive sign for SMH's overall earnings potential.
3. TSMC's Financials: Taiwan Semiconductor Manufacturing Company (TSMC), also a top holding in SMH, reported earnings per share (EPS) of $1.38, exceeding expectations, and revenue of $18.87 billion, surpassing expectations as well. This demonstrates the strong financial performance of TSMC during the quarter, which is likely to have a favorable impact on SMH's earnings.
4. Historical Prices and Volume: The historical prices for SMH show fluctuations, with the closing price on June 13, 2024, at $267.21, and a trading volume of 7,634,000 shares. These figures indicate active trading in SMH, which could be reflective of market interest and potential earnings.

In conclusion, while specific earnings release dates for SMH may not be available for June 2024, the performance of individual companies within the ETF, such as Intel, NVIDIA, and TSMC, suggests a positive earnings potential for SMH during the month. Investors should consider these factors along with their own investment strategies and risk tolerance when making decisions regarding SMH in the upcoming month.