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

Mattr

15/03/2024 03:52

* Mattr Corp  MATR.TO  reported a quarterly adjusted loss
of 34
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -94
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 66 cents per share. Wall Street expected
results to range from 14 cents to C$1.26 per share.
    * Revenue fell 39% to C$210.77 million from a year ago;
analysts
expected C$200.38 million. 
    * Mattr Corp's reported EPS for the quarter was a loss of 34
cents​.
    * The company reported a quarterly loss of C$23.02 million.
    * Mattr Corp shares had risen by 2.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
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 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Mattr Corp is
C$21.50 
This summary was machine generated from LSEG data March 15 at
03:50 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.66           -0.34          Missed
 Sep. 30 2023      0.82           1.03           Beat
 Jun. 30 2023      0.27           0.19           Missed
 Mar. 31 2023      0.16           0.36           Beat