Mativ Holdings Inc expected to post earnings of 20 cents a share - Earnings Preview

Mativ Holdings

07/05/2024 03:24

* Mativ Holdings Inc  MATV.N   MATV.K  is expected to show a
fall
in quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Alpharetta Georgia-based  company is expected to
report a
27.5% decrease in revenue to $492 million from $679 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Mativ Holdings Inc is
for
earnings of 20 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 $24.50​, above​ its last closing price of $18.41. ​​​

This summary was machine generated May 7 at 02:23 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)