Materion Corp reports results for the quarter ended in December - Earnings Summary

Materion

17/02/2022 14:31

* Materion Corp  MTRN.N  reported quarterly adjusted
earnings of
$1.03​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of $1.03 per share.
    * Revenue rose 16.9% to $397.23 million from a year ago; 
analysts
expected $428.03 million. 
    * Materion Corp's reported EPS for the quarter was 95
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Materion Corp shares had fallen by 6.0% this quarter.
    * The company reported quarterly net income of $19.68
million.
    * Wall Street's median 12-month price target for Materion
Corp is
$102.50 
    * 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." 

This summary was machine generated February 17 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated