Entegris Q3 Outlook: Revenue $875M to $900M Vs. $891.65M Est., Adj. EPS $0.57 to $0.62 Vs. $0.61 Estimate
Portfolio Pulse from Benzinga Newsdesk
Entegris has released its Q3 outlook, predicting revenues between $875M and $900M, compared to an estimate of $891.65M. The company also forecasts an adjusted EPS of $0.57 to $0.62, versus a $0.61 estimate.
August 04, 2023 | 12:46 pm
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NEGATIVE IMPACT
Entegris' Q3 outlook suggests potential revenue and EPS slightly below estimates. This could impact the company's stock price.
Entegris' Q3 outlook is slightly below the market estimates for both revenue and EPS. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100