Materion Corp expected to post earnings of $1.39 a share - Earnings Preview

Materion

31/10/2022 18:31

* Materion Corp  MTRN.N   MTRN.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 2. 
    * The Mayfield Heights Ohio-based  company is expected to
report 
a 16.6% increase in revenue to $452.325 million from $388.03
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Materion Corp is
for
earnings of $1.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$98​, above​ its last closing price of $85.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.17        1.18       1.28      Beat    8.5
 Mar. 31 2022  1.05        1.05       1.08      Beat    3.2
 Dec. 31 2021  1.03        1.03       1.03      Met     0​
 Sep. 30 2021  0.84        0.84       1.10      Beat    31.5
 ​​Jun.        0.76        0.75       0.86      Beat    14.2
 30 2021                                                
 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. 30 2020  0.52        0.52       0.55      Beat    6.8
 This summary was machine generated October 31 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated