Materion Corp expected to post earnings of $1.36 a share - Earnings Preview

Materion

31/07/2023 19:32

* Materion Corp  MTRN.N   MTRN.K  is expected to show a fall
in
quarterly revenue when it reports  results on August 2. 
    * The Mayfield Heights Ohio-based  company is expected to
report 
a 1.2% decrease in revenue to $439.76 million from $445.3
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Materion Corp is
for
earnings of $1.36 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$132​, above​ its last closing price of $116.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.24        1.25       1.22      Missed  -2.4
 Dec. 31 2023  1.34        1.34       1.49      Beat    11.4
 Sep. 30 2022  1.39        1.39       1.19      Missed  -14.5​
 Jun. 30 2022  1.17        1.18       1.28      Beat    8.5
 ​​Mar.        1.05        1.05       1.08      Beat    3.2
 31 2022                                                
 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
 This summary was machine generated July 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated