ASML Holding NV (ASML) Earnings: 1Q Bookings Miss Targets Despite Net Income and Gross Margin Surpassing Estimates

ASML Holding NV on Smartkarma

Analysts on Smartkarma, such as William Keating, are closely monitoring ASML Holding NV, a company in focus after recent developments. In a recent report titled “ASML Guides Q124 Down 27% QoQ, Shares Surge >8%. What Gives?“, Keating highlights key financial figures. ASML reported a Q423 revenue of €7.2 billion, showing a 7.5% increase QoQ. However, there’s a notable drop in the Q124 guidance, set at €5.25 billion, down by 27% QoQ. Despite this, ASML has reiterated their 2024 revenue forecast to be flat compared to 2023. The market response has been significant, with ASML shares surging over 8% overnight, prompting analysts to question the underlying reasons for this surge.

Through Smartkarma, Keating’s bullish perspective on ASML’s recent performance sheds light on the company’s financial outlook. Investors and market participants can gain valuable insights from such research reports published on independent platforms like Smartkarma. The analysis delves into ASML Holding NV‘s Q4 results and the subsequent guidance for Q1 2024, offering a comprehensive overview of the company’s financial health and market sentiment. Keating’s report serves as a resource for those seeking in-depth analysis and understanding of ASML’s current position and future prospects in the ever-changing investment landscape.

A look at ASML Holding NV Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ASML Holding NV has been positively rated by Smartkarma Smart Scores, with high scores in Growth and Momentum. This suggests a promising long-term outlook for the company, indicating strong potential for expansion and sustained upward movement in the market. With a focus on semiconductor manufacturing equipment for chip production, ASML Holding NV is well-positioned to capitalize on the growing demand for advanced technology solutions globally.

The company’s resilience score further reinforces its stability, while its value and dividend scores, though not as high, provide additional insights into its financial health and shareholder returns. Overall, ASML Holding NV‘s impressive ratings across key factors highlight a bright future ahead for the company in the semiconductor equipment industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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