Entegris (ENTG) Tops Q4 EPS by 5c, Beats on Revenues; Offers 1Q18 EPS/Revenue Guidance Above Consensus
Entegris (NASDAQ: ENTG) reported Q4 EPS of $0.42, $0.05 better than the analyst estimate of $0.37. Revenue for the quarter came in at $350.56 million versus the consensus estimate of $341.46 million.
- Record fourth-quarter revenue of $350.6 million grew 14 percent from prior year
- GAAP loss per diluted share of $0.20 reflected the one-time impacts of U.S. tax reform; and non-GAAP earnings per diluted share of $0.42 grew 75 percent from prior year
- Fiscal 2017 revenue of $1.34 billion increased 14 percent
- Fiscal 2017 GAAP earnings per diluted share were $0.59; and non-GAAP earnings per diluted share reached $1.44
First-Quarter Outlook
For the first quarter ending March 31, 2018, the Company expects sales of $355 million to $365 million, net income of $49 million to $56 million, and net income per diluted share between $0.34 and $0.39. On a non-GAAP basis, EPS is expected to range from $0.39 to $0.44 per diluted share, which reflects net income on a non-GAAP basis in the range of $56 million to $63 million, which is adjusted for expected amortization expense of approximately $11 million or $0.05 per share.
GUIDANCE:
Entegris sees Q1 2018 EPS of $0.39-$0.44, versus the consensus of $0.37. Entegris sees Q1 2018 revenue of $355-365 million, versus the consensus of $343.48 million.
For earnings history and earnings-related data on Entegris (ENTG) click here.
