Entegris Q3 Adj EPS $0.68 Beats $0.60 Estimate, Sales $888.24M Miss $891.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Entegris reported Q3 adjusted earnings of $0.68 per share, beating the analyst consensus estimate of $0.60 by 13.33%. However, this is a 20% decrease from the same period last year. The company's quarterly sales of $888.24 million missed the analyst consensus estimate of $891.87 million by 0.41%, marking a 10.62% decrease from the same period last year.
November 02, 2023 | 10:02 am
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Entegris' Q3 earnings beat estimates but are down YoY. Sales missed estimates and are also down YoY.
Entegris' Q3 earnings beat analyst estimates, which is positive. However, the YoY decrease in both earnings and sales, as well as the missed sales estimates, could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100