Sneak Preview of Entegris, Inc. ($ENTG) 3Q20 Earnings

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Entegris, Inc. (NASDAQ:ENTG) is expected to report third quarter earnings results, before market open, on Thursday 22nd October 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.63 per share.

Looking ahead, the full year income are expected at $ 2.39 per share on the revenues of $ 1780.59 million.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.60 ~ $ 0.66 per share, while revenues are expected in a range of $ 450.00 million ~ $ 475.00 million

Click Here For More Historical Outlooks Of Entegris, Inc.

Previous Quarter Performance

Entegris, Inc. unfold income for the second quarter of $ 0.60 per share, from the revenue of $ 448.40 million. The quarterly earnings boosted 53.85 percent while revenues expanded 18.35 percent compared with the same quarter last year.
According to street consensus, ENTG was expected to report 2Q20 income of $ 0.48 per share from revenue of $ 417.42 million. The bottom line results beat street analysts by $ 0.12 or 25.00 percent, at the same time, top line results outshined analysts by $ 30.98 million or 7.42 percent.

Stock Performance

Shares of Entegris, Inc. traded low $ -0.03 or -0.04 percent on Wednesday, reaching $ 80.59 with volume of 481.20 thousand shares. The stock opened positive for the day at $ 81.45, after closing the previous day trading at $ 80.62.

According to the previous trading day, closing price of $ 80.62, representing a 111.49 % increase from the 52 week low of $ 38.12 and a 5.31 % decrease over the 52 week high of $ 85.14.

The company has a market capital of $ 10.87 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.08 per share on October 14, 2020. The dividend were payable on November 18, 2020 to holders of record as of the close of business on October 28, 2020 and ex-dividend date on October 27, 2020.

The board of directors has authorized quarterly dividend of $ 0.08 per share on July 15, 2020. The dividend were payable on August 19, 2020 to holders of record as of the close of business on July 29, 2020 and ex-dividend date on July 28, 2020.

Conference Call

Entegris, Inc. will be hosting a conference call at 9:00 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.entegris.com

Entegris, Inc. develops, manufactures, and supplies micro contamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries worldwide. It operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).