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

Matthews International

29/04/2022 05:22

* Matthews International Corp  MATW.OQ  reported quarterly
adjusted earnings of 74 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 69 cents per share.
    * Revenue rose 6.7% to $444.98 million from a year ago; 
analysts
expected $426.54 million. 
    * Matthews International Corp's reported EPS for the quarter
was a
loss of 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Matthews International Corp shares had fallen by 8.4% this
quarter and lost 19.2% so far this year.
    * The company reported a quarterly loss of $1.91 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 April 29 at 04:22 a.m.  ​All
figures in US dollars unless otherwise stated