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Hardware & electrical equipment

ASML likely to miss 3Q guidance when it reports overnight

ASML Holding NV (NASDAQ:ASML), the Dutch semiconductor equipment manufacturer, is slated to report earnings overnight Tuesday.

The Street consensus estimate is earnings of $4.83 per share on revenue of $7.08 billion. ASML previously guided for revenue between $7.30 billion and $7.86 billion.

Overall, earnings estimates have trended lower since the company released its second-quarter results, according to reports.

Investors will be watching for updates on the company’s order backlog, as well as its international mix of orders in the US, China and elsewhere.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

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