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Recap: Materion Q3 Earnings – Materion (NYSE:MTRN)

ByBenzinga Insights

Nov 2, 2022
Recap: Materion Q3 Earnings - Materion (NYSE:MTRN)

Materion MTRN reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:47 AM.

Here’s what investors need to know about the announcement.

Earnings

Materion missed estimated earnings by 14.39%, reporting an EPS of $1.19 versus an estimate of $1.39.

Revenue was up $40.16 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 2.71% increase in the share price the next day.

Here’s a look at Materion’s past performance:

 








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.18 1.05 1.03 0.84
EPS Actual 1.16 1.08 1.03 1.10
Revenue Estimate 455.47M 415.03M 428.03M 375.37M
Revenue Actual 445.30M 449.05M 397.23M 388.03M

To track all earnings releases for Materion visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.