Earnings Outlook For Entegris
Portfolio Pulse from Benzinga Insights
Entegris (NASDAQ:ENTG) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.58. The company's past performance shows a mixed reaction to earnings reports, with the last quarter resulting in a 7.64% share price increase following an EPS beat. Shares are currently trading at $126.93, marking a 49.87% increase over the last 52 weeks. Investors are looking for not just an earnings beat but also positive guidance for future growth.
February 12, 2024 | 5:01 pm
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POSITIVE IMPACT
Entegris is expected to report an EPS of $0.58 for the upcoming quarter. Historical data shows its stock price reacts to earnings beats and guidance. With shares up 49.87% over the last year, positive results could further support bullish sentiment.
Given ENTG's history of stock price increases following earnings beats and the current positive trend in its share price, a report exceeding expectations, especially with favorable future guidance, is likely to result in a short-term positive impact on the stock. The anticipation of this event, based on past performance and current analyst expectations, supports a bullish outlook in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100