Earnings EstimateBased on the company's guide update, the implied 2025 EPS is estimated to be in the approximately €25/share range, below the recently lowered estimate of €29.94.
Financial PerformanceASML reported 3Q24 system net bookings of approximately €2.6B, significantly lower than the expected €5B.
Revenue OutlookASML's 2025 guide includes expectations of China revenue returning to a normalized 20% of systems revenue, which implies a ~50% year-over-year decline in 2025.