Matthews International Corp reports results for the quarter ended June 30 - Earnings Summary
Matthews International Corp reports results for the quarter ended June 30 - Earnings Summary
Matthews International Corp MATW.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of two analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 39 cents to 43 cents per share.
Revenue fell 29.6% to $246.02 million from a year ago; analysts expected $264.55 million.
Matthews International Corp's reported EPS for the quarter was a loss of 75 cents.
The company reported a quarterly loss of $23.69 million.
Matthews International Corp shares had risen by 2.0% this quarter and gained 5.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 27.7% above its last closing price of $27.47
This summary was machine generated from LSEG data August 6 at 10:42 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 2026 | 0.41 | 0.06 | Missed |
Mar. 31 2026 | 0.17 | 0.37 | Beat |
Dec. 31 2025 | 0.05 | -0.19 | Missed |
Sep. 30 2025 | 0.20 | 0.50 | Beat |
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