Entegris (Nasdaq: ENTG) reported earnings on Oct. 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 29 (Q3), Entegris beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share dropped significantly.
Gross margins increased, operating margins dropped, net margins shrank.
Revenue details
Entegris logged revenue of $184.4 million. The eight analysts polled by S&P Capital IQ hoped for net sales of $181.7 million on the same basis. GAAP reported sales were 6.6% higher than the prior-year quarter's $173.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.16. The nine earnings estimates compiled by S&P Capital IQ forecast $0.15 per share. GAAP EPS of $0.13 for Q3 were 19% lower than the prior-year quarter's $0.16 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 44.4%, 120 basis points better than the prior-year quarter. Operating margin was 14.7%, 80 basis points worse than the prior-year quarter. Net margin was 9.8%, 290 basis points worse than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $177.1 million. On the bottom line, the average EPS estimate is $0.13.
Next year's average estimate for revenue is $722.5 million. The average EPS estimate is $0.58.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 131 members out of 145 rating the stock outperform, and 14 members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Entegris a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Entegris is outperform, with an average price target of $11.00.
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