NASDAQ$ENTG

Entegris Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Entegris reported record results for the fourth quarter of 2019, driven by continued traction of advanced solutions.

Entegris reported fourth-quarter sales of $427.0 million, an increase of 6% from the same quarter last year. GAAP fourth-quarter net income was $57.4 million, or $0.42 per diluted share. Non-GAAP net income was $74.6 million and non-GAAP net income per diluted share was $0.55.

  • Fourth-quarter revenue of $427.0 million, increased 6% from prior year
  • Fiscal 2019 revenue of $1.6 billion, increased 3%
  • Fiscal 2019 GAAP diluted EPS of $1.87, increased 11%
  • Fiscal 2019 Non-GAAP diluted EPS of $1.93, increased 2%

Headline financials

Total Revenue

$427M

Previous: $402M+6.3%
EPS (adj)

$0.55

Previous: $0.47+17.0%
Capital Expenditures

$25.9M

Previous: $34.8M-25.5%
Free Cash Flow

$103M

Previous: $56.5M+81.8%
Net Income

$57.4M

Previous: $80.8M-28.9%
Operating Income

$84.1M

Previous: $71.3M+17.9%
Gross Profit

$198M

Previous: $180M+10.0%
Cash & Equivalents

$352M

Previous: $482M-27.0%
Total Assets

$2.52B

Previous: $2.32B+8.6%
Stock-Based Comp

$4.71M

Previous: $4.39M+7.5%

Revenue & EPS history

Entegris · Revenue · Quarterly

$427M

Q4 2019+6.3%vs Q4 2018
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

For the first quarter ending March 28, 2020, the Company expects sales of $415 million to $430 million, net income of $56 million to $63 million and net income per diluted share between $0.41 and $0.46. On a non-GAAP basis, EPS is expected to range from $0.50 to $0.55 per diluted share, which reflects net income on a non-GAAP basis in the range of $68 million to $75 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.5%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.2%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+15.5%

Q1 2023

Best reaction

-21.0%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.5%-0.1%-7.0%
Q4 2025+9.0%+7.4%-10.1%
Q3 2025-7.5%-8.5%-18.4%
Q1 2025-5.6%-0.8%-12.2%
Q4 2024+5.4%+1.8%-0.9%
Q3 2024-3.7%-1.9%+2.8%
Q2 2024-10.3%-16.8%-5.4%
Q1 2024-4.8%+0.7%-4.9%
Q4 2023+4.0%+8.5%+9.1%
Q3 2023+3.9%+2.9%+21.9%
Q2 2023-2.4%-1.9%-1.0%
Q1 2023+15.5%+17.3%+39.6%
Q4 2022+2.5%+0.6%-1.0%
Q3 2022-21.0%-17.6%-5.7%
Q2 2022-5.0%-4.1%-16.0%
Q1 2022-5.6%-2.8%-5.7%
Q4 2021+10.6%+7.3%+2.5%
Q3 2021-0.8%+3.4%+11.3%
Q2 2021+0.9%+1.6%-2.0%
Q1 2021-0.4%-2.3%-1.2%
Q4 2020-6.4%-7.5%-4.7%
Q3 2020-1.9%-4.0%+11.7%
Q2 2020+8.3%+10.5%+10.9%
Q1 2020-1.2%-0.9%+13.3%
Q4 2019+8.2%+6.0%+3.7%
Q3 2019+0.8%+3.3%-2.4%
Q2 2019+4.4%+5.1%-1.5%
Q1 2019-2.8%+0.0%-14.6%
Q4 2018+1.2%+6.6%+17.2%
Q3 2018+0.4%+8.0%+11.1%
Q2 2018-6.6%-6.8%-11.1%
Q1 2018-2.1%-1.5%+4.2%
Q4 2017+2.3%-0.3%+16.0%
Q3 2017+7.3%+8.8%+7.0%
Q2 2017+2.3%+1.7%-5.6%
Q1 2017+1.2%+2.4%-2.2%
Q4 2016+4.3%+4.5%+12.8%
Q3 2016-1.1%-2.9%+12.1%
Q2 2016+10.8%+11.5%+14.1%
Q1 2016+1.5%
Q4 2015+2.5%
Q3 2015-7.7%
Q2 2015+10.5%
Q1 2015+0.2%
Q4 2014-0.7%
Q3 2014+6.9%
Q2 2014-7.2%
Q1 2014-4.8%
Q4 2013+12.3%
Q3 2013-4.5%
Q2 2013-2.6%
Q1 2013+3.2%
Q4 2012-0.7%
Q3 2012+2.3%
Q2 2012-2.9%
Q1 2011+1.0%
Q1 2012-1.8%
Q1 2010-2.4%
Q4 2009-2.4%
Q4 2011-2.4%
Q4 2010-2.4%
Q3 2010+4.7%
Q3 2011+4.7%
Q2 2010+0.6%
Q2 2011+0.6%

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