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ASML
Benzinga
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Top Wall Street Forecasters Revamp ASML Expectations Ahead Of Q2 Earnings

1. ASML expects Q2 earnings of $5.24 per share, up from $4.01. 2. Projected revenue for Q2 is $7.56 billion, compared to $6.24 billion last year. 3. Previous Q1 results exceeded analyst expectations, boosting confidence in ASML. 4. Analysts maintain varied price targets; some have increased them recently. 5. Stock closed at $799.83, a slight gain of 0.7%.

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FAQ

Why Bullish?

The increase in projected earnings and revenue indicates solid growth potential for ASML. Historical performance shows stocks often perform well following positive earnings reports.

How important is it?

The anticipated earnings and revenue growth directly influence ASML’s valuation and investor sentiment, making it highly relevant.

Why Short Term?

Earnings results can lead to immediate stock price reactions. Historically, positive earnings releases lead to upward momentum in the short term.

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