Matthews International Corp expected to post earnings of 58 cents a share - Earnings Preview

Matthews International

25/01/2022 21:37

* Matthews International Corp  MATW.OQ   MATW.O  is expected
to show a rise in quarterly revenue when it reports  results on
January 27. 
    * The Pittsburgh Pennsylvania-based  company is expected to
report
 a 1.6% increase in revenue to $393 million from $386.66 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Matthews
International
Corp is for earnings of 58 cents per share. For the same quarter
last year, the company reported earnings of 68 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $50​, about 30.3% above​ its last closing
price of $34.83. ​​​
    * 

This summary was machine generated January 25 at 21:37 GMT.  All
figures in US dollars  unless otherwise stated