Materion Corp expected to post earnings of 84 cents a share - Earnings Preview

Materion

29/10/2021 12:32

* 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 30.7% increase in revenue to $375.367 million from $287.17
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 84 cents per share. For the same quarter last year,
the company reported earnings of 55 cents per share.
* The current average analyst rating on the shares is "strong
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 $90​, about 20.2% above​ its last closing price
of $71.79. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.58        0.58       0.70      Beat    20.7​
 Sep. 30 2020  0.52        0.52       0.55      Beat    6.8
 Jun.          0.45​       0.45       0.49      Beat    8.9​
 30​ 2020​                                              
 Mar. 31 2020  0.42        0.44       0.43      Missed  -1.5​
 Dec. 31 2019  0.67        0.67       0.68      Beat    1.1
 Sep. 30 2019  0.81        0.81       0.81      Met     0.3
 This summary was machine generated October 29 at 11:32 GMT.  All
figures in US dollars unless otherwise stated