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ASML Holding First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

ASML Holding (AMS:ASML) First Quarter 2024 Results

Key Financial Results

  • Revenue: €5.29b (down 22% from 1Q 2023).

  • Net income: €1.22b (down 37% from 1Q 2023).

  • Profit margin: 23% (down from 29% in 1Q 2023). The decrease in margin was driven by lower revenue.

  • EPS: €3.11 (down from €4.96 in 1Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

ASML Holding EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe.

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Performance of the market in the Netherlands.

The company's shares are down 6.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for ASML Holding you should be aware of, and 1 of them is significant.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.