Matthews International Corp expected to post earnings of 54cents a share - Earnings Preview

Matthews International

24/01/2023 21:15

* Matthews International Corp  MATW.OQ   MATW.O  is expected
to show a fall in quarterly revenue when it reports  results on
January 26. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 1.6% decrease in revenue to $431.6 million from $438.58
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Matthews
International
Corp is for earnings of 54 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 had fallen by
about 4.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Matthews
International Corp is $46.5​, above​ its last closing price
of $36.01. ​​​

This summary was machine generated January 24 at 21:15 GMT.  All
figures in US dollars  unless otherwise stated