Mattr Corp reports results for the quarter ended September 30 - Earnings Summary

Mattr

14/11/2024 03:51

* Mattr Corp  MATR.TO  reported quarterly adjusted earnings
of 23
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of
$1.03.  The mean expectation of eight analysts for the quarter
was for earnings of 20 cents per share. Wall Street expected
results to range from 17 cents to 23 cents per share.
    * Revenue rose 0.4% to C$226.24 million from a year ago;
analysts
expected C$239.65 million. 
    * Mattr Corp's reported EPS for the quarter was 19 cents​.
    * The company reported quarterly net income of $12.79
million.
    * Mattr Corp shares had risen by 14.7% this quarter and
gained 7.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 25.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Mattr Corp is
C$21.75 
This summary was machine generated from LSEG data November 14 at
03:51 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
 Sep. 30 2024      0.20           0.23           Beat
 Jun. 30 2024      0.31           0.31           Met
 Mar. 31 2024      0.14           0.16           Beat
 Dec. 31 2023      0.66           -0.34          Missed