ASML Holding Q3 EPS $5.24 Beats $5.00 Estimate, Sales $7.26B Miss $7.49B Estimate
Portfolio Pulse from Benzinga Newsdesk
ASML Holding reported Q3 earnings of $5.24 per share, beating the analyst consensus estimate of $5.00 by 4.7%. This is a 21.18% increase from the same period last year. However, the company's quarterly sales of $7.26 billion missed the analyst consensus estimate of $7.49 billion by 3.04%, but still represented a 24.64% increase from the previous year.
October 18, 2023 | 5:45 am
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ASML's Q3 earnings beat estimates but sales fell short. This mixed result could lead to volatility in the stock's price.
ASML's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. This mixed result could lead to volatility in the stock's price in the short term.
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RELEVANCE 100