Materion Corp expected to post earnings of 60  cents a share - Earnings Preview

Materion

27/04/2021 17:11

* Materion Corp  MTRN.N   MTRN.K  is expected to show a rise in
quarterly revenue when it reports results on April 29.
* The Mayfield Heights, Ohio-based company is expected to report
 a 19.6% increase in revenue to $332.45 million from $277.95
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Materion Corp is for
earnings of 60 cents per share. For the same quarter last year,
the company reported earnings of 43 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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 $80​, about 14.9% above​ its last closing price
of $68.07. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.58        0.58       0.70      Beat    20.7
 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
 Dec.          0.67​       0.67       0.68      Beat    1.1​
 31​ 2019​                                              
 Sep. 30 2019  0.81        0.81       0.81      Met     0.3​
 Jun. 30 2019  0.80        0.77       0.88      Beat    14.3
 Mar. 31 2019  0.61        0.61       0.82      Beat    35.5
 This summary was machine generated April 27 at 16:11 GMT.  All
figures in US dollars unless otherwise stated