Mativ Holdings Inc reports results for the quarter ended in September - Earnings Summary

Mativ Holdings

10/11/2022 08:08

* Mativ Holdings Inc  MATV.N  reported quarterly adjusted
earnings
of 74 cents​​ per share for the quarter ended in September. The
lone analyst forecast for the quarter was for earnings of 81
cents per share.
    * Revenue rose 75.7% to $674.10 million from a year ago;
analysts
expected $717.80 million. 
    * Mativ Holdings Inc's reported EPS for the quarter was a
loss
of 43 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mativ Holdings Inc shares had risen by 6.8% this
quarter and
lost 21.1% so far this year.
    * The company reported a quarterly loss of $22.5 million.
    * Wall Street's median 12-month price target for Mativ
Holdings
Inc is $45.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 08:08 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.81           0.74           Missed
 Mar. 31 2022      0.66           0.61           Missed
 Dec. 31 2021      0.28           0.08           Missed