ASML 2Quarterly earnings release: early morning Korea time, analyst expectations at a glance
Dutch semiconductor equipment maker ASML will announce its 2quarter results on Wednesday. Analysts expect earnings per share (EPS) to rise by 15% from a year earlier.
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There is one reason to wake up on Wednesday morning. Dutch semiconductor equipment maker ASML will release its 2quarter results. It is the starting point of the tech earnings season and the earliest gauge of the temperature of global semiconductor demand. If you miss this announcement, you could miss the next quarter's industry trend.
ASML is Europe’s largest supplier of semiconductor equipment. The lithography tools it makes are the key equipment used to draw and etch semiconductor circuits onto wafers, and it is the only company in the world supplying cutting-edge products.
Market expectations are clear. 2quarter earnings per share (EPS, 1net income remaining per share) are expected to increase by 15% from the same period last year. The company’s results and guidance (next-quarter earnings outlook) will confirm this figure.
Investors actually focus on three indicators.
- Revenue: the final revenue scale showing how much equipment was actually delivered
- Order backlog: the amount of equipment newly ordered by customers, a leading indicator that shows future demand in advance
- Guidance: the next quarter's sales and profit estimates presented by management
ASML supplies equipment to every major manufacturer building semiconductor fabs. When customers order more equipment, it signals that the semiconductor cycle is improving; when orders decline, it signals that semiconductor demand is weakening. That is why the company's results serve as a leading indicator for the entire semiconductor industry.
Through the detailed items announced, the market gauges the flow of semiconductor capital spending worldwide. Starting with ASML's announcement, other equipment makers and major semiconductor manufacturers are also expected to release their results in sequence.
The exact announcement time and final figures will be confirmed through the company's filing. Quarterly earnings tables and management explanation materials are also likely to be released together.
Sources: MarketWatch Top Stories
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.