Entegris Inc reports results for the quarter ended in September 30 - Earnings Summary

Entegris

04/11/2024 15:30

* Entegris Inc  ENTG.OQ  reported quarterly adjusted
earnings of
77 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 68 cents.  The mean expectation of twelve analysts for the
quarter was for earnings of 78 cents per share. Wall Street
expected results to range from 76 cents to 80 cents per share.
    * Revenue fell 9.1% to $807.69 million from a year ago;
analysts
expected $832.38 million. 
    * Entegris Inc's reported EPS for the quarter was 51 cents​.
    * The company reported quarterly net income of $77.58
million.
    * Entegris Inc shares had fallen by 4.9% this quarter and
lost 10.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 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
140.00 
This summary was machine generated from LSEG data November 4 at
03:30 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
 Sep. 30 2024      0.78           0.77           Missed
 Jun. 30 2024      0.71           0.71           Met
 Mar. 31 2024      0.62           0.68           Beat
 Dec. 31 2023      0.58           0.65           Beat