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

Materion

03/08/2021 15:10

* Materion Corp  MTRN.N  reported quarterly adjusted earnings of
86 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 75 cents per share.
* Revenue rose 36.6% to $371.00 million from a year ago; 
analysts expected $343.50 million. 
* Materion Corp's reported EPS for the quarter was 87 cents​.
* The mean earnings estimate of analysts had risen by about 0.4%
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 5.9% this quarter and
gained 11.3% so far this year.
* The company reported quarterly net income of $17.87 million.
* Wall Street's median 12-month price target for Materion Corp
is $90.00 
* 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 August 3 at 02:10 p.m.  ​All
figures in US dollars unless otherwise stated