Entegris Expects Q3 Sales Of $820M-$840M Vs $869.65M Est, Adj EPS Of $0.75-$0.80 Vs $0.89 Est
Portfolio Pulse from Benzinga Newsdesk
Entegris has provided its guidance for Q3 2024, expecting sales between $820M and $840M, which is below the estimated $869.65M. The company also expects adjusted EPS to be between $0.75 and $0.80, compared to the estimated $0.89.
July 31, 2024 | 10:03 am
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Entegris has provided a Q3 2024 sales guidance of $820M-$840M, which is below the estimated $869.65M. The company also expects adjusted EPS to be between $0.75 and $0.80, compared to the estimated $0.89. This could lead to a negative short-term impact on the stock price.
The guidance provided by Entegris for Q3 2024 is below market expectations in terms of both sales and adjusted EPS. This discrepancy is likely to result in a negative short-term impact on the stock price as investors react to the lower-than-expected figures.
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