Entegris Inc expected to post earnings of 62 cents a share - Earnings Preview

Entegris

29/04/2024 15:06

* Entegris Inc  ENTG.OQ   ENTG.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Billerica Massachusetts-based  company is expected to
report
a 16.6% decrease in revenue to $769.278 million from $922.4
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on March 4
2024, for the period ended March 31, was for revenue between
$755.00 million and $775.00 million.
    * ​LSEG's mean analyst estimate for Entegris Inc is for
earnings
of 62 cents per share. The company's EPS guidance on March 4
2024, for the period ended March 31, was between $0.59 and
$0.64 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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
$148.50​, above​ its last closing price of $132.60. ​​​

The company's guidance on March 4 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD159 million and USD172 million.The company's guidance on
March 4 2024 for the period ended March 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD755 million and USD217 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.59        0.58       0.65      Beat    11.7
 Sep. 30 2023  0.60        0.60       0.68      Beat    12.7
 Jan. 1 0001   0.57        0.57       0.66      Beat    16.6​
 Mar. 31 2023  0.52        0.52       0.65      Beat    25.1
 ​​Dec.        0.78        0.78       0.83      Beat    6.3
 31 2022                                                
 Sep. 30 2022  0.99        1.00       0.85      Missed  -14.9​
 Jun. 30 2022  1.05        1.05       1.00      Missed  -4.4
 Mar. 31 2022  0.99        0.99       1.06      Beat    7.2
 This summary was machine generated April 29 at 14:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)