Matthews International: Q1 Earnings Insights - Matthews International (NASDAQ:MATW)

Matthews International MATW reported its Q1 earnings results on Thursday, February 1, 2024 at 04:15 PM.

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

Matthews International reported in-line EPS of $0.37 versus an estimate of $0.37.

Revenue was up $746 thousand from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 3.85% drop in the share price the next day.

Here's a look at Matthews International's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.90	0.63	0.51	0.54
EPS Actual	0.96	0.74	0.65	0.53
Revenue Estimate	483.00M	464.28M	448.14M	431.60M
Revenue Actual	480.17M	471.91M	479.58M	449.24M

To track all earnings releases for Matthews International visit their earnings calendar here.

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