Mativ Holdings Inc expected to post earnings of 14 cents a share - Earnings Preview

Mativ Holdings

19/02/2024 21:55

* Mativ Holdings Inc  MATV.N   MATV.K  is expected to show a
fall
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Alpharetta Georgia-based  company is expected to
report a
30.2% decrease in revenue to $461.05 million from $660.1 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Mativ Holdings Inc is
for
earnings of 14 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mativ
Holdings
Inc is $21.00​, above​ its last closing price of $12.60. ​​​

This summary was machine generated February 19 at 21:55 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)