ASML Holding Outruns Estimates Again
ASML Holding (ENXTAM: ASML) reported earnings on April 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 1 (Q1), ASML Holding beat expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share dropped significantly.
Margins dropped across the board.
ASML Holding recorded revenue of $1.67 billion. The one analyst polled by S&P Capital IQ wanted to see net sales of $1.60 billion on the same basis. GAAP reported sales were 18% lower than the prior-year quarter's $2.05 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.91. The 15 earnings estimates compiled by S&P Capital IQ anticipated $0.89 per share. GAAP EPS of $0.91 for Q1 were 28% lower than the prior-year quarter's $1.27 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 41.8%, 290 basis points worse than the prior-year quarter. Operating margin was 25.8%, 520 basis points worse than the prior-year quarter. Net margin was 22.5%, 470 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.60 billion. On the bottom line, the average EPS estimate is $0.87.
Next year's average estimate for revenue is $6.48 billion. The average EPS estimate is $3.48.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 171 members out of 181 rating the stock outperform, and 10 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 61 give ASML Holding a green thumbs-up, and three 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 $47.56.
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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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