ASML Holding (ASML) Set to Announce Quarterly Earnings on Wednesday
ASML Holding (NASDAQ:ASML) is scheduled to post its Q213 quarterly earnings results on Wednesday, October 16th. Analysts expect ASML Holding to post earnings of $0.73 per share and revenue of $1.75 billion for the quarter.
ASML Holding (NASDAQ:ASML) last released its earnings data on Wednesday, July 17th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.02. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the prior year, the company posted $0.71 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. On average, analysts expect ASML Holding to post $3.03 EPS for the current fiscal year and $4.66 EPS for the next fiscal year.
ASML Holding (NASDAQ:ASML) opened at 97.07 on Tuesday. ASML Holding has a one year low of $48.73 and a one year high of $101.85. The stock’s 50-day moving average is $94.32 and its 200-day moving average is $84.05. The company has a market cap of $43.028 billion and a P/E ratio of 35.74.
Several analysts have recently commented on the stock. Analysts at Susquehanna downgraded shares of ASML Holding from a “positive” rating to a “neutral” rating in a research note to investors on Thursday, October 10th. On the ratings front, analysts at Sanford C. Bernstein raised their price target on shares of ASML Holding from $91.00 to $107.90 in a research note to investors on Monday, September 30th. They now have an “outperform” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. initiated coverage on shares of ASML Holding in a research note to investors on Thursday, September 12th. They set a “conviction-buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $87.08.
ASML Holding N.V. (NASDAQ:ASML) is a holding company, which operates through its subsidiaries.
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