The chart below shows how ENTG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ENTG sees a +1.73% change in stock price 10 days leading up to the earnings, and a +3.40% change 10 days following the report. On the earnings day itself, the stock moves by -1.78%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Earnings Per Share Beat: Entegris reported a Q4 2024 EPS of $0.84, exceeding expectations of $0.77.
Revenue Growth Excluding Divestitures: Revenue excluding divestitures grew 11% year on year in Q4 2024, surpassing guidance.
Quarterly Sales Milestone: Materials Solutions achieved the highest quarterly sales in over two years, contributing to overall revenue growth.
Record Quarterly Sales: Advanced Purity Solutions recorded all-time high quarterly sales, reflecting strong demand in the market.
Revenue Growth Excluding Divestitures: For the full year, revenue grew more than 5% excluding divestitures, indicating a market outperformance of 4%.
Negative
Limited Revenue Growth: Revenue growth was limited to 5% for the year when excluding divestitures and currency impact, indicating a slowdown compared to previous growth rates.
Semiconductor Industry Weakness: The semiconductor industry remained weak throughout 2024, which negatively impacted overall performance despite some segments performing well.
Technology Node Transition Impact: No significant technology node transitions in logic or memory were reported, which restricted opportunities for increasing content per wafer and could hinder future growth.
CMP Slurry and Pads Sales: Sales growth in CMP slurry and pads, while positive, was lower than the previous year's growth rates of 14% and 24%, respectively, suggesting a potential decline in momentum.
Market Performance Analysis: The overall market performance was only an estimated outperformance of 4%, indicating that the company is not significantly gaining market share despite some positive results.
Entegris, Inc. (NASDAQ:ENTG) Q4 2024 Earnings Call Transcript
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