On August 4, Entegris rose 5.35% in regular trading, trading at $125.39/share, with turnover of $289 million.
On the news front, Entegris is scheduled to release its quarterly earnings report before market open on August 4, with consensus estimates projecting revenue of approximately $835 million, up 10.11% year-over-year, and adjusted earnings per share of $0.82, up 29.29% year-over-year. EBIT is expected at $196 million, representing a 22.45% increase. The company's revenue is primarily driven by its Advanced Planarization Solutions segment, which generated $464 million last quarter, accounting for 57.10% of total revenue, supported by strong demand for advanced node process materials.
Additionally, the company recently maintained its quarterly dividend at $0.10 per share. The stock had previously experienced consecutive declines before rebounding, with optimistic earnings expectations and oversold recovery momentum providing dual support for the share price ahead of the report.
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