ASML Holding Q2 2024 GAAP EPS €4.01 Beats €3.71 Estimate, Sales €6.242B Beat €6.032B Estimate
Portfolio Pulse from Benzinga Newsdesk
ASML Holding (NASDAQ:ASML) reported Q2 2024 earnings per share (EPS) of €4.01, beating the analyst estimate of €3.71. Sales were €6.242 billion, also surpassing the estimate of €6.032 billion. However, both EPS and sales showed a decline compared to the same period last year.
July 17, 2024 | 5:05 am
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ASML Holding reported Q2 2024 EPS of €4.01, beating the estimate of €3.71. Sales were €6.242 billion, also surpassing the estimate of €6.032 billion. Despite beating estimates, both EPS and sales declined compared to the same period last year.
ASML's earnings and sales beat analyst estimates, which is generally positive for the stock price. However, the year-over-year decline in both metrics may temper investor enthusiasm. Overall, the short-term impact is likely positive due to the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100