Mativ Holdings Inc expected to post earnings of 23 cents a share - Earnings Preview

Mativ Holdings

06/08/2024 03:06

* Mativ Holdings Inc  MATV.N   MATV.K  is expected to show a
fall
in quarterly revenue when it reports  results on August 7 for
the period ending June 30 2024
    * The Alpharetta Georgia-based  company is expected to
report a
21.3% decrease in revenue to $525.75 million from $668.3 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.The company's guidance on May 9 2024, for the
period ended June 30, was for revenue of $526.000 million.
    * ​LSEG's mean analyst estimate for Mativ Holdings Inc is
for
earnings of 23 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 $15.46. ​​​

This summary was machine generated August 6 at 02:06 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)