Materion Corp expected to post earnings of $1.03 a share - Earnings Preview

Materion

15/02/2022 14:57

* Materion Corp  MTRN.N   MTRN.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 17. 
    * The Mayfield Heights Ohio-based  company is expected to
report 
a 26.0% increase in revenue to $428.033 million from $339.69
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Materion Corp is
for
earnings of $1.03 per share. For the same quarter last year, the
company reported earnings of 70 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Materion
Corp is
$102.5​, about 18.1% above​ its last closing price
of $83.95. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.84        0.84       1.10      Beat    31.5
 Jun. 30 2021  0.76        0.75       0.86      Beat    14.2
 Mar. 31 2021  0.60        0.60       0.82      Beat    36.7​
 Dec. 31 2020  0.58        0.58       0.70      Beat    20.7
 ​​Sep.        0.52        0.52       0.55      Beat    6.8
 30 2020                                                
 Jun. 30 2020  0.45        0.45       0.49      Beat    8.9​
 Mar. 31 2020  0.42        0.44       0.43      Missed  -1.5
 Dec. 31 2019  0.67        0.67       0.68      Beat    1.1
 This summary was machine generated February 15 at 14:57 GMT. 
All figures in US dollars  unless otherwise stated