Materion: Q1 Earnings Insights

 

Shares of Materion MTRN decreased 0.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 90.70% over the past year to $0.82, which beat the estimate of $0.60.

Revenue of $354,386,000 up by 27.50% from the same period last year, which beat the estimate of $332,450,000.

Guidance

Materion sees Q2 EPS of $0.72-$0.76 FY21 EPS of $3.00-$3.30.

How To Listen To The Conference Call

Date: Apr 29, 2021

Time: 09:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2095/39478

Recent Stock Performance

Company's 52-week high was at $80.70

52-week low: $45.20

Price action over last quarter: Up 1.11%

Company Profile

Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. The majority of revenue is derived domestically, with significant contributions coming from Asia and Europe.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!