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

Materion

28/04/2022 17:09

* Materion Corp  MTRN.N  reported quarterly adjusted
earnings of
$1.08​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of $1.05 per share.
    * Revenue rose 26.7% to $449.05 million from a year ago; 
analysts
expected $415.03 million. 
    * Materion Corp's reported EPS for the quarter was 68
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.6%
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 8.5% this quarter and
lost 14.6% so far this year.
    * The company reported quarterly net income of $14.02
million.
    * Wall Street's median 12-month price target for Materion
Corp is
$113.00 
    * The current average analyst rating on the shares is "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 April 28 at 04:09 p.m.  ​All
figures in US dollars unless otherwise stated