Entegris Expects Q1 FY2024 Adjusted EPS Of $0.59-$0.64 Versus Prior Guidance Of $0.60-$0.65 And Consensus Of $0.62
Portfolio Pulse from Benzinga Newsdesk
Entegris has updated its Q1 FY2024 adjusted EPS guidance to $0.59-$0.64, slightly below its prior guidance of $0.60-$0.65 and in line with the consensus estimate of $0.62.
March 04, 2024 | 12:17 pm
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Entegris has revised its Q1 FY2024 EPS guidance to a range of $0.59-$0.64, which is slightly below its previous forecast but aligns with consensus estimates.
The adjustment in Entegris' EPS guidance is minor and aligns with consensus estimates, suggesting a neutral impact on the stock price in the short term. The slight decrease from prior guidance may cause some concern among investors, but the alignment with market expectations mitigates significant negative impact.
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