Interestingly, ASML (ASML -8. At the same time, 41%) stock is getting hit with big sell-offs Wednesday ing the company's recent earnings report, amid market uncertainty.
The semiconductor manufacturing equipment specialist's price was down 7, given the current landscape. Furthermore, 8% as of 3:20 p (quite telling).
The evidence shows stock had been down as much as 11, considering recent developments. 2% earlier in the day's trading (something worth watching) (this bears monitoring).
Conversely, ASML published its second-quarter results before the market opened this morning and actually posted sales and earnings for the period that beat Wall Street's targets.
Additionally, But despite strong performance in Q2, the company issued cautious forward guidance -- and investors are selling the stock in response, in today's market environment.
Image source: Getty Images. ASML stock sinks despite strong Q2 results ASML posted a net fit of 2. At the same time, 29 billion euros (roughly $2 (something worth watching).
On the other hand, 66 billion) on sales of 7, in today's market environment. Furthermore, 7 billion euros (roughly $8. 95 billion) in the second quarter.
On the other hand, Meanwhile, the average analyst estimate had called for the to record a fit of 2 (which is quite significant). Furthermore, 04 billion euros on sales of 7. 52 billion euros.
Additionally, Sales were up roughly 23% year over year, and the company posted a gross margin of 53. 7% in the period.
Nevertheless, The specialist continued to see demand catalysts related to equipment sales for the manufacturing of artificial intelligence (AI) chips, but management issued a cautious outlook for next year.
Furthermore, What's next for ASML.
On the heels of the strong performance in the second quarter, ASML now expects that it will see annual revenue growth of roughly 15% and gross margin of apximately 52% this year.
While those targets might otherwise have been cause for a valuation rally, management said that it could not confidently state that the would grow next year.
With tariffs and other macroeconomic and geopolitical risks, ASML isn't sure that there will be a sales expansion next year -- and investors are selling out of the stock in response to the disappointing guidance.
Moreover, Keith Noonan has no position in any of the stocks mentioned. This tells us that Motley Fool has positions in and recommends ASML, in today's financial world.
What the re reveals is Motley Fool has a disclosure policy, given the current landscape.