ASML Holding Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St · 10/17 04:01

ASML Holding (AMS:ASML) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €7.47b (up 12% from 3Q 2023).
  • Net income: €2.08b (up 9.7% from 3Q 2023).
  • Profit margin: 28% (in line with 3Q 2023).
  • EPS: €5.28 (up from €4.81 in 3Q 2023).
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ENXTAM:ASML Earnings and Revenue Growth October 17th 2024

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

ASML Holding Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 8.7%.

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.

Performance of the market in the Netherlands.

The company's shares are down 17% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for ASML Holding (2 can't be ignored!) that you need to be mindful of.