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

Entegris

02/11/2023 13:31

* Entegris Inc  ENTG.OQ  reported quarterly adjusted
earnings of
68 cents​​ per share for the quarter ended in September, lower
than the same quarter last year, when the company reported EPS
of 85 cents.  The mean expectation of twelve analysts for the
quarter was for earnings of 60 cents per share. Wall Street
expected results to range from 59 cents to 62 cents per share.
    * Revenue fell 10.6% to $888.24 million from a year ago;
analysts
expected $891.87 million. 
    * Entegris Inc's reported EPS for the quarter was 22 cents​.
    * The company reported quarterly net income of $33.21
million.
    * Entegris Inc shares had fallen by 5.4% this quarter and
gained 35.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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
$115.00 
This summary was machine generated from LSEG data November 2 at
01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.60           0.68           Beat
 Jun. 30 2023      0.57           0.66           Beat
 Mar. 31 2023      0.52           0.65           Beat
 Dec. 31 2022      0.78           0.83           Beat