Materion Q4 revenue and EPS top estimates; to expand capacity for US defense initiatives

Materion

12/02/2026 11:54

Overview

Advanced materials firm's Q4 revenue rose, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company announced $65 mln investment to expand beryllium capacity for US defense

Outlook

Materion guides 2026 adjusted EPS between $6.00 and $6.50

Company targets mid-term adjusted EBITDA margin of 23%

Result Drivers

ELECTRONIC MATERIALS GROWTH - Electronic Materials segment saw 8% organic growth in value-added sales, driven by semiconductor, energy, and data center demand

PRECISION OPTICS IMPROVEMENTS - Precision Optics segment achieved 7% growth in value-added sales with significant margin expansion, attributed to operational improvements

DEFENSE INVESTMENT - Secured $65 million investment to expand beryllium capacity, supporting US defense initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$489.70 mln
$448.78 mln (5 Analysts)
Q4 Adjusted EPS
Beat
$1.53
$1.51 (5 Analysts)
Q4 Net Income
$6.60 mln
Q4 Adjusted EBITDA
Miss
$57 mln
$60.88 mln (5 Analysts)
Q4 Operating Profit
$10.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the diversified mining peer group is "buy"

Wall Street's median 12-month price target for Materion Corp is $155.00, about 1.3% above its February 11 closing price of $157.11

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nBw8kBwXXa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)