ASML Holding Crushes Estimates
ASML Holding (NAS: ASML) reported earnings on Jan. 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), ASML Holding beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly, and earnings per share shrank significantly.
Margins dropped across the board.
ASML Holding chalked up revenue of $1.6 billion. The 19 analysts polled by S&P Capital IQ predicted revenue of $1.5 billion. Sales were 23% lower than the prior-year quarter's $2.0 billion
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $0.88. The 18 earnings estimates compiled by S&P Capital IQ averaged $0.69 per share. GAAP EPS of $0.88 for Q4 were 29% lower than the prior-year quarter's $1.24 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 41.0%, 400 basis points worse than the prior-year quarter. Operating margin was 23.9%, 910 basis points worse than the prior-year quarter. Net margin was 23.5%, 320 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.3 billion. On the bottom line, the average EPS estimate is $0.60.
Next year's average estimate for revenue is $5.5 billion. The average EPS estimate is $2.61.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 168 members out of 178 rating the stock outperform, and 10 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give ASML Holding a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ASML Holding is outperform, with an average price target of $39.98.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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