(ENTG - Get Report)
is a global developer, manufacturer and supplier of products and materials used in the semiconductor and other high-technology industries. The company's operations are divided into three segments: contamination control solutions, microenvironments and specialty materials. Entegris is scheduled to release its second-quarter results on Thursday.
Analysts polled by
expect the company to report second-quarter net income of $32.03 million, or 22 cents per share, compared to $20.82 million, or 14 cents per share, in the year ago quarter. Sales are seen soaring to $207 million from $167.6 million in the year-ago quarter. Operating profit for the quarter is expected to increase to $40.3 million from $26.43 million in the second-quarter 2010.
At the 2011 Intersolar North America event held last week, the company featured its material handling solutions for photovoltaic manufacturers. These products are designed to reduce particle contamination to the parts per trillion levels.
Of the seven analysts covering the stock, 14% recommend a buy and the remaining rate a hold. There are no sell ratings on the stock. Analysts polled by
foresee the stock gaining an average 17.9% to $10.08 in the upcoming 12 months.