Materion Corp expected to post earnings of $1.42 a share - Earnings Preview

Materion

30/10/2023 18:33

* Materion Corp  MTRN.N   MTRN.K  is expected to show a fall
in
quarterly revenue when it reports  results on November 1. 
    * The Mayfield Heights Ohio-based  company is expected to
report 
a 5.8% decrease in revenue to $403.18 million from $428.19
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 $1.42 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
$131.5​, above​ its last closing price of $95.62. ​​​

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 2023  1.36        1.36       1.38      Beat    1.3
 Mar. 31 2023  1.24        1.25       1.34      Beat    7.2
 Dec. 31 2022  1.34        1.34       1.49      Beat    11.4​
 Sep. 30 2022  1.39        1.39       1.19      Missed  -14.5
 ​​Jun.        1.17        1.18       1.28      Beat    8.5
 30 2022                                                
 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
 This summary was machine generated October 30 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated