Entegris Inc reports results for the quarter ended in December - Earnings Summary

Entegris

13/02/2024 23:34

* Entegris Inc  ENTG.OQ  reported quarterly adjusted
earnings of
65 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 83 cents.  The mean expectation of twelve analysts for the
quarter was for earnings of 58 cents per share. Wall Street
expected results to range from 57 cents to 63 cents per share.
    * Revenue fell 14.1% to $812.29 million from a year ago;
analysts
expected $780.87 million. 
    * Entegris Inc's reported EPS for the quarter was 25 cents​.
    * The company reported quarterly net income of $37.98
million.
    * Entegris Inc shares had risen by 5.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for Entegris Inc is
$120.00 
This summary was machine generated from LSEG data February 13 at
11:34 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.58           0.65           Beat
 Sep. 30 2023      0.60           0.68           Beat
 Jun. 30 2023      0.57           0.66           Beat
 Mar. 31 2023      0.52           0.65           Beat