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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.
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