Matthews International Corp reports results for the quarter ended June 30 - Earnings Summary

Matthews International

05/08/2025 23:45

Matthews International Corp MATW.OQ reported quarterly adjusted earnings of 28 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 56 cents.  The mean expectation of two analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 10 cents to 33 cents per share.

Revenue fell 18.3% to $349.38 million from a year ago; analysts expected $321.95 million.

Matthews International Corp's reported EPS for the quarter was 49 cents​.

The company reported quarterly net income of $15.39 million.

Matthews International Corp shares had fallen by 3.1% this quarter and lost 16.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 15.7% 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 $38.00, about 36.7% above its last closing price of $24.07

This summary was machine generated from LSEG data August 5 at 10:44 p.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
Jun. 30 2025
0.22
0.28
Beat
Mar. 31 2025
0.38
0.34
Missed
Dec. 31 2024
0.23
0.14
Missed
Sep. 30 2024
0.38
0.55
Beat