Entegris Inc expected to post earnings of 78 cents a share - Earnings Preview

Entegris

01/11/2024 13:59

* Entegris Inc  ENTG.OQ   ENTG.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 4 for the
period ending September 30 2024
    * The Billerica Massachusetts-based  company is expected to
report
a 6.3% decrease in revenue to $832.381 million from $888.24
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.The company's guidance on July 31
2024, for the period ended September 30, was for revenue between
$820.00 million and $840.00 million.
    * ​LSEG's mean analyst estimate for Entegris Inc is for
earnings
of 78 cents per share. The company's EPS guidance on July 31
2024, for the period ended September 30, was between $0.75 and
$0.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"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
143.00​, above​ its last closing price of $104.71. ​​​

The company's guidance on July 31 2024 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD187 million and USD201 million.The company's guidance on July
31 2024 for the period ended September 30 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD820 million and USD248 million.The company's guidance on July
31 2024 for the period ended September 30 was for gross profit
margin between USD46% and USD47%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.71        0.71       0.71      Met     0.5
 Mar. 31 0001  0.62        0.62       0.68      Beat    10.2
 Jan. 1 0001   0.59        0.58       0.65      Beat    11.7​
 Jan. 1 0001   0.60        0.60       0.68      Beat    12.7
 ​​Jan.        0.57        0.57       0.66      Beat    16.6
 1 0001                                                 
 Mar. 31 2023  0.52        0.52       0.83      Beat    25.1​
 Dec. 31 2022  0.78        0.78       0.83      Beat    6.3
 Jan. 1 0001   0.99        1.00       0.85      Missed  -14.9
 This summary was machine generated November 1 at 13:59 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)