Entegris Inc expected to post earnings of 60  cents a share - Earnings Preview

Entegris

31/10/2023 18:51

* Entegris Inc  ENTG.OQ   ENTG.O  is expected to show a fall
in
quarterly revenue when it reports  results 
    * The Billerica Massachusetts-based  company is expected to
report
 a 10.3% decrease in revenue to $891.867 million from $993.83
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. The company's guidance on
August 3 2023, for the period ended September 30, was for
revenue between $875.00 million and $900.00 million.
    * ​Refinitiv's mean analyst estimate for Entegris Inc is for
earnings of 60 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.57 and $0.62 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Entegris
Inc is
$115​, above​ its last closing price of $87.64. ​​​

The company's guidance on August 3 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD181 million and USD196 million.The company's guidance on
August 3 2023 for the period ended September 30 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD875 million and USD243 million.The company's guidance on
August 3 2023 for the period ended September 30 was for gross
profit margin between USD41% and USD42%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.57        0.57       0.66      Beat    16.6
 Mar. 31 2023  0.52        0.52       0.65      Beat    25.1
 Dec. 31 2022  0.78        0.78       0.83      Beat    6.3​
 Sep. 30 2022  0.99        1.00       0.85      Missed  -14.9
 ​​Jun.        1.05        1.05       1.00      Missed  -4.4
 30 2022                                                
 Mar. 31 2022  0.99        0.99       1.06      Beat    7.2​
 Dec. 31 2021  0.89        0.89       0.96      Beat    7.9
 Sep. 30 2021  0.87        0.87       0.92      Beat    5.9
 This summary was machine generated October 31 at 18:51 GMT.  All
figures in US dollars  unless otherwise stated