Matthews International Corp expected to post earnings of 37 cents a share - Earnings Preview

Matthews International

30/01/2024 21:21

* Matthews International Corp  MATW.OQ   MATW.O  is expected
to show a fall in quarterly revenue when it reports  results on
February 1 for the period ending December 31 2023
    * The Pittsburgh Pennsylvania-based  company is expected to
report
a 2.5% decrease in revenue to $437.8 million from $449.24
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Matthews International
Corp is
for earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Matthews
International Corp is $53.00​, above​ its last closing price
of $34.44. ​​​

This summary was machine generated January 30 at 21:20 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)