Matthews International Corp reports results for the quarter ended December 31 - Earnings Summary

Matthews International

07/02/2025 24:42

* Matthews International Corp  MATW.OQ  reported quarterly
adjusted earnings of 14 cents​​ per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 37 cents.  The mean expectation of
two analysts for the quarter was for earnings of 23 cents per
share. Wall Street expected results to range from 19 cents to 26
cents per share.
    * Revenue fell 10.7% to $401.84 million from a year ago;
analysts
expected $426.90 million. 
    * Matthews International Corp's reported EPS for the quarter
was a
loss of 11 cents​.
    * The company reported a quarterly loss of $3.5 million.
    * Matthews International Corp shares had fallen by 3.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
products
peer group is also "buy"

Wall Street's median 12-month price target for Matthews
International Corp is $41.00 
This summary was machine generated from LSEG data February 7 at
12:41 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.23           0.14           Missed
 Sep. 30 2024      0.38           0.55           Beat
 Jun. 30 2024      0.56           0.56           Met
 Mar. 31 2024      0.46           0.69           Beat