ASML · PEAD → 41

ASML reported Q3 2026 EPS of €14.89 on 2026-10-14, beating the €12.47 consensus by €2.42 (+19.4%).

Print-day reaction was -3.9% versus the prior close of €1,717.76, a notable decline despite the substantial EPS beat. The overnight gap to the T+1 open extended the loss by a further -2.1%, signalling continued selling pressure into the next session. Over trading days 1 through 3, the stock drifted an additional -0.6%, offering no meaningful recovery — the drift confirmed rather than reversed the initial negative reaction. Cumulative abnormal return of -2.6% versus SPY.US falls within the -3% to +3% band, placing this in PEAD neutral territory; per the documented pattern, the read holds through 2027-01-11.