Entegris Inc reports results for the quarter ended March 31 - Earnings Summary

• Entegris Inc ENTG.OQ reported quarterly adjusted earnings of 67 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of ten analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 67 cents to 70 cents per share.

• Revenue rose 0.3% to $773.20 million from a year ago; analysts expected $789.92 million.

• Entegris Inc's reported EPS for the quarter was 41 cents​.

• The company reported quarterly net income of $62.9 million.

• Entegris Inc shares had fallen by 5.1% this quarter and lost 16.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.7% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "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 $120.00

This summary was machine generated from LSEG data May 7 at 01:32 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)