Mativ Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Mativ Holdings

19/02/2025 22:01

* Mativ Holdings Inc  MATV.N  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 23 cents.  The mean expectation of three analysts for the
quarter was for earnings of 2 cents per share. Wall Street
expected results to range from zero cents to 4 cents per share.
    * Revenue rose 1.4% to $458.60 million from a year ago;
analysts
expected $483.87 million. 
    * Mativ Holdings Inc's reported EPS for the quarter was 3
cents​.
    * The company reported quarterly net income of $1.5 million.
    * Mativ Holdings Inc shares had fallen by 17.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the commodity
chemicals
peer group is  "hold."

Wall Street's median 12-month price target for Mativ Holdings
Inc is $16.00 
This summary was machine generated from LSEG data February 19 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.02           0.05           Beat
 Sep. 30 2024      0.28           0.21           Missed
 Jun. 30 2024      0.23           0.34           Beat
 Mar. 31 2024      0.20           0.02           Missed