Entegris Q4 Adj EPS $0.65 Beats $0.58 Estimate, Sales $812.29M Beat $780.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Entegris (NASDAQ:ENTG) reported Q4 adjusted EPS of $0.65, surpassing the $0.58 estimate, with sales of $812.29M also beating the $780.87M estimate. However, this represents a decrease from the previous year's earnings and sales.
February 13, 2024 | 9:32 pm
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Entegris reported a Q4 adjusted EPS of $0.65, beating estimates, and sales of $812.29M, also above expectations, but noted a decrease from last year's figures.
Beating both EPS and sales estimates typically has a positive short-term impact on a company's stock price. However, the noted year-on-year decline in both earnings and sales might temper investor enthusiasm, suggesting a cautious optimism.
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