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

Materion

03/11/2021 11:28

* Materion Corp  MTRN.N  reported quarterly adjusted earnings of
$1.10​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of 84 cents per share.
* Revenue rose 35.1% to $388.03 million from a year ago; 
analysts expected $375.37 million. 
* Materion Corp's reported EPS for the quarter was 88 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 risen by 25.9% this quarter and
gained 35.7% so far this year.
* The company reported quarterly net income of $18.16 million.
* Wall Street's median 12-month price target for Materion Corp
is $97.50 
* 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 November 3 at 11:27 a.m.
 ​All figures in US dollars unless otherwise stated