Company projects decline in profit and revenue for the fourth quarter

  • Entegris expects lower earnings and revenue in the fourth quarter
  • Projected profit of 25-30 cents per share, down from 38 cents per share in the year-ago quarter
  • Adjusted earnings projected to be 55-60 cents per share, below analysts’ expectations
  • Forecasted revenue of $770-790 million, a drop from $946 million last year

Entegris, a materials maker based in Billerica, Massachusetts, is anticipating a decrease in earnings and revenue for the fourth quarter. The company expects to report a profit of 25-30 cents per share, down from 38 cents per share in the same quarter last year. Adjusted earnings, which exclude one-time items, are projected to be 55-60 cents per share, falling short of analysts’ expectations of 63 cents per share. Additionally, quarterly revenue is forecasted to be $770-790 million, a decline from $946 million in the previous year. This follows a decrease in revenue during the third quarter, despite the company returning to profitability.

Factuality Level: 8
Factuality Justification: The article provides specific information about Entegris’ guidance for earnings and revenue in the fourth quarter, including the expected profit per share and revenue range. It also mentions the comparison to the previous year’s earnings and revenue, as well as the analysts’ consensus estimate. The information is presented without any obvious bias or opinion.
Noise Level: 3
Noise Justification: The article provides clear and concise information about Entegris’ guidance for the fourth quarter, including expected earnings and revenue decline. It also mentions the analysts’ consensus estimate. However, it lacks in-depth analysis, antifragility considerations, and does not provide any actionable insights or solutions.
Financial Relevance: Yes
Financial Markets Impacted: Entegris and its competitors in the materials industry
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article provides financial information about Entegris, a materials company, including its projected decline in earnings and revenue for the fourth quarter. There is no mention of any extreme events.
Public Companies: Entegris (N/A)
Key People:

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