We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What's in the Offing for ASML Holding's (ASML) Q1 Earnings?
Read MoreHide Full Article
ASML Holding N.V. (ASML - Free Report) is slated to report first-quarter 2024 results on Apr 17.
For the first quarter, the company expects revenues between €5 billion and €5.5 billion. The Zacks Consensus Estimate for the same is pegged at $5.73 billion, indicating a fall of 20.9% from the year-ago quarter’s actual.
The Zacks Consensus Estimate for first-quarter earnings is pegged at $2.85 per share, which indicates a decline of 46.3% from the year-ago quarter’s reported number. The estimate has been unchanged over the past 30 days.
Factors to Consider
The impacts of ASML Holding’s portfolio strength, growing investments, expanding position in the memory market and increasing design wins are expected to get reflected in the first quarter’s results.
The growing opportunities in semiconductor end markets, megatrends in the electronics industry and increasing lithography intensity are likely to have further bolstered demand for ASML’s products and services.
Strength across the company’s Extreme Ultraviolet (“EUV”) and Deep Ultraviolet (“DUV”) lithography is expected to have contributed well to the top line of the company.
Prospects around next-generation technology development, capacity additions at leading-edge nodes, increasing competitive dynamics and investments in EUV infrastructure are anticipated to have benefited the company’s performance across foundry and logic in the quarter under review.
The application business of ASML Holding is expected to have continued to gain from the rising need for scanners in EUV and DUV systems in the quarter under review.
Strong demand for advanced nodes in support of the build-up of digital infrastructure, which includes growth drivers such as 5G, AI and high-performance computing solutions, is expected to have boosted the demand for the company’s products.
However, low lithography tool utilization levels are expected to have been concerning for the company in the quarter under review.
Apart from this, uncertainties related to the macro environment, including geopolitical tensions and fears of a recession, are expected to have been headwinds for the company.
What Our Model Says
Our proven model predicts an earnings beat for ASML Holding this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
ASML Holding has an Earnings ESP of +3.42%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
ASML carries a Zacks Rank #3 at present.
Other Stocks to Consider
Here are some other stocks that, per our model, also have the right combination of elements to post an earnings beat in their soon-to-be-reported quarterly results.
AZZ is scheduled to release fourth-quarter fiscal 2024 results on Apr 22. The Zacks Consensus Estimate for AZZ’s earnings is pegged at 70 cents per share, suggesting a jump from the prior-year quarter’s reported figure of 30 cents per share.
AptarGroup (ATR - Free Report) has an Earnings ESP of +0.59% and a Zacks Rank #2 at present.
AptarGroup is set to announce first-quarter 2024 results on Apr 25. The Zacks Consensus Estimate for ATR’s earnings is pinned at $1.13 per share, indicating growth of 19% from the year-ago quarter’s reported figure.
Cardinal Health (CAH - Free Report) has an Earnings ESP of +0.31% and a Zacks Rank #2 at present.
CAH is scheduled to release third-quarter fiscal 2024 results on May 2. The Zacks Consensus Estimate for CAH’s earnings is pegged at $1.96 per share, indicating growth of 12.6% from the year-ago quarter’s reported figure.
Image: Bigstock
What's in the Offing for ASML Holding's (ASML) Q1 Earnings?
ASML Holding N.V. (ASML - Free Report) is slated to report first-quarter 2024 results on Apr 17.
For the first quarter, the company expects revenues between €5 billion and €5.5 billion. The Zacks Consensus Estimate for the same is pegged at $5.73 billion, indicating a fall of 20.9% from the year-ago quarter’s actual.
The Zacks Consensus Estimate for first-quarter earnings is pegged at $2.85 per share, which indicates a decline of 46.3% from the year-ago quarter’s reported number. The estimate has been unchanged over the past 30 days.
Factors to Consider
The impacts of ASML Holding’s portfolio strength, growing investments, expanding position in the memory market and increasing design wins are expected to get reflected in the first quarter’s results.
The growing opportunities in semiconductor end markets, megatrends in the electronics industry and increasing lithography intensity are likely to have further bolstered demand for ASML’s products and services.
ASML Holding N.V. Price and Consensus
ASML Holding N.V. price-consensus-chart | ASML Holding N.V. Quote
Strength across the company’s Extreme Ultraviolet (“EUV”) and Deep Ultraviolet (“DUV”) lithography is expected to have contributed well to the top line of the company.
Prospects around next-generation technology development, capacity additions at leading-edge nodes, increasing competitive dynamics and investments in EUV infrastructure are anticipated to have benefited the company’s performance across foundry and logic in the quarter under review.
The application business of ASML Holding is expected to have continued to gain from the rising need for scanners in EUV and DUV systems in the quarter under review.
Strong demand for advanced nodes in support of the build-up of digital infrastructure, which includes growth drivers such as 5G, AI and high-performance computing solutions, is expected to have boosted the demand for the company’s products.
However, low lithography tool utilization levels are expected to have been concerning for the company in the quarter under review.
Apart from this, uncertainties related to the macro environment, including geopolitical tensions and fears of a recession, are expected to have been headwinds for the company.
What Our Model Says
Our proven model predicts an earnings beat for ASML Holding this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
ASML Holding has an Earnings ESP of +3.42%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
ASML carries a Zacks Rank #3 at present.
Other Stocks to Consider
Here are some other stocks that, per our model, also have the right combination of elements to post an earnings beat in their soon-to-be-reported quarterly results.
AZZ (AZZ - Free Report) has an Earnings ESP of +7.14% and a Zacks Rank #1 at present. You can see the complete list of today's Zacks #1 Rank stocks here.
AZZ is scheduled to release fourth-quarter fiscal 2024 results on Apr 22. The Zacks Consensus Estimate for AZZ’s earnings is pegged at 70 cents per share, suggesting a jump from the prior-year quarter’s reported figure of 30 cents per share.
AptarGroup (ATR - Free Report) has an Earnings ESP of +0.59% and a Zacks Rank #2 at present.
AptarGroup is set to announce first-quarter 2024 results on Apr 25. The Zacks Consensus Estimate for ATR’s earnings is pinned at $1.13 per share, indicating growth of 19% from the year-ago quarter’s reported figure.
Cardinal Health (CAH - Free Report) has an Earnings ESP of +0.31% and a Zacks Rank #2 at present.
CAH is scheduled to release third-quarter fiscal 2024 results on May 2. The Zacks Consensus Estimate for CAH’s earnings is pegged at $1.96 per share, indicating growth of 12.6% from the year-ago quarter’s reported figure.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.