Entegris (ENTG) shares plummeted 11.10% in pre-market trading on Thursday following the release of its third-quarter earnings report and fourth-quarter guidance. While the company's Q3 results were largely in line with expectations, investors were disappointed by the weaker-than-anticipated Q4 profit forecast.
For the third quarter of 2025, Entegris reported net sales of $807.1 million, slightly beating analyst estimates of $804.7 million. The company's Q3 GAAP earnings per share (EPS) came in at $0.46, with non-GAAP EPS at $0.72, meeting analyst expectations. However, the focus quickly shifted to the company's outlook for the fourth quarter.
Entegris projected Q4 sales between $790 million and $830 million, which was generally in line with market expectations. However, the company's Q4 profit forecast fell short of analyst estimates. Entegris expects Q4 GAAP EPS to be between $0.35 and $0.42, while non-GAAP EPS is anticipated to range from $0.62 to $0.69. This guidance is significantly lower than the $0.76 per share analysts were expecting, triggering the sharp sell-off in pre-market trading. The semiconductor equipment maker's conservative outlook has raised concerns among investors about potential headwinds in the industry and the company's near-term growth prospects.
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