ASML: Q1 better than expected, according to Liberum.

(CercleFinance.com) - For Liberum, ASML's Q1 results are above expectations, although forecasts for the second quarter are slightly less optimistic than expected.


The semiconductor manufacturing specialist's sales exceeded expectations by 8%, while its EPS surpassed them by 15%, Liberum specifies.

Sales forecasts for Q2 are in line with the broker's expectations, although the gross margin forecast is less.

Liberum has confirmed its "sell" rating on the stock, along with a target price of 84 euros.


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