Mativ Holdings Inc expected to post earnings of 38  cents a share - Earnings Preview

Mativ Holdings

08/08/2023 24:18

* Mativ Holdings Inc  MATV.N   MATV.K  is expected to show a
rise
in quarterly revenue when it reports  results on August 9. 
    * The Alpharetta Georgia-based  company is expected to
report  a
59.1% increase in revenue to $678.5 million from $426.4 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Mativ Holdings Inc
is for
earnings of 38 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 $27​, above​ its last closing price of $17.69. ​​​

The company's guidance on May 10 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of USD100 million.
This summary was machine generated August 7 at 23:18 GMT.  All
figures in US dollars  unless otherwise stated