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

Matthews International

28/01/2022 07:18

* Matthews International Corp  MATW.OQ  reported quarterly
adjusted earnings of 74 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 58 cents per share.
    * Revenue rose 13.4% to $438.58 million from a year ago; 
analysts
expected $393.00 million. 
    * Matthews International Corp's reported EPS for the quarter
was a
loss of 62 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Matthews International Corp shares had fallen by 9.2% this
quarter.
    * The company reported a quarterly loss of $19.8 million.
    * Wall Street's median 12-month price target for Matthews
International Corp is $50.00 
    * 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." 

This summary was machine generated January 28 at 07:18 a.m.
 ​All figures in US dollars unless otherwise stated