ASM International Consensus Estimates Unlikely to Get Boost from Guidance Raise
Dow Jones07-29
0853 GMT - Consensus estimates for ASM International's 2027 revenue are unlikely to materially rise even though the company said it expected sales to grow more than previously thought, Jefferies analysts write in a note to clients. The Dutch group, which supplies chip makers with wafer processing equipment for the deposition of thin films, said 2027 revenue should exceed the top end of a range from 3.7 billion to 4.6 billion euros. Analysts had already forecast revenue well above the range at nearly 4.89 billion euros, according to Visible Alpha. ASM International shares trade 8% lower at 695.60 euros.
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