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

Materion

29/04/2021 23:05

* Materion Corp  MTRN.N  reported quarterly adjusted earnings of
82 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
60 cents per share.
* Revenue rose 27.5% to $354.39 million from a year ago​; 
analysts expected $332.45 million.
* Materion Corp's reported EPS for the quarter was 81 cents​.
* The mean earnings estimate of analysts had fallen by
about 4.8% 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 risen by 2.0% this quarter and
gained 6.0% so far this year.
* The company reported quarterly net income of $16.77 million.
* Wall Street's median 12-month price target for Materion Corp
is $80.00 
* 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." 
This summary was machine generated April 29 at 10:05 p.m. GMT.
​All figures in US Dollars.​