Materion Corp expected to post earnings of $1.05 a share - Earnings Preview

Materion

26/04/2022 18:55

* Materion Corp  MTRN.N   MTRN.K  is expected to show a rise
in
quarterly revenue when it reports  results on April 28. 
    * The Mayfield Heights Ohio-based  company is expected to
report 
a 17.1% increase in revenue to $415.033 million from $354.39
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 $1.05 per share. For the same quarter last year, the
company reported earnings of 82 cents per share.
    * The current average analyst rating on the shares is "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
$113​, above​ its last closing price of $82.21. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.03        1.03       1.03      Met     0
 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.        0.58        0.58       0.70      Beat    20.7
 31 2020                                                
 Sep. 30 2020  0.52        0.52       0.55      Beat    6.8​
 Jun. 30 2020  0.45        0.45       0.49      Beat    8.9
 Mar. 31 2020  0.42        0.44       0.43      Missed  -1.5
 This summary was machine generated April 26 at 17:55 GMT.  All
figures in US dollars  unless otherwise stated