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MATR Mattr News Story

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Mattr Corp expected to post earnings of 13 cents a share - Earnings Preview

* Mattr Corp  MATR.TO   is expected to show a fall in
quarterly
revenue when it reports  results on May 14 for the period ending
March 31 2024
    * The Toronto Ontario-based  company is expected to report a
40.5% decrease in revenue to $216.64 million from $364.41
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on March 14
2024, for the period ended March 31, was for revenue between
C$210.77 million and C$214.98 million.
    * ​LSEG's mean analyst estimate for Mattr Corp is for
earnings of
13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Mattr Corp
is
C$22.38​, above​ its last closing price of C$16.26. ​​​

Previous quarterly performance (using preferred earnings measure
in Canadian dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.38        0.66       -0.34     Missed  -151.2
 Sep. 30 0001  0.81        0.82       1.03      Beat    25.6
 Jun. 30 2023  0.28        0.27       0.19      Missed  -29.6​
 Mar. 31 2023  0.17        0.16       0.36      Beat    121.5
 ​​Dec.        0.23        0.23       -0.94     Missed  -508.7
 31 2022                                                
 Sep. 30 2022  0.12        0.11       0.33      Beat    200​
 Jun. 30 2022  0.03        0.03       0.29      Beat    935.7
 Mar. 31 2022  -0.22       -0.22      -0.10     Beat    53.8
 This summary was machine generated May 10 at 23:18 GMT.  All
figures in Canadian 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)

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