Matthews International Corp expected to post earnings of 56  cents a share - Earnings Preview

Matthews International

27/07/2022 01:57

* Matthews International Corp  MATW.OQ   MATW.O  is expected
to show a fall in quarterly revenue when it reports  results on
July 28. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 2.0% decrease in revenue to $419.786 million from $428.38
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 56 cents per share. For the same quarter
last year, the company reported earnings of 91 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 $45.5​, above​ its last closing price
of $26.94. ​​​

This summary was machine generated July 27 at 00:57 GMT.  All
figures in US dollars  unless otherwise stated