Recap: Matthews International Q3 Earnings

Recap: Matthews International Q3 Earnings

Matthews International MATW reported its Q3 earnings results on Thursday, July 28, 2022 at 04:00 PM.

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

Earnings

Matthews International missed estimated earnings by 6.45%, reporting an EPS of $0.58 versus an estimate of $0.62.

Revenue was down $6.68 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 2.42% drop in the share price the next day.

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

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.69 0.58 0.75 0.75
EPS Actual 0.74 0.74 0.80 0.91
Revenue Estimate 426.54M 393.00M 393.53M 380.75M
Revenue Actual 444.98M 438.58M 438.84M 428.38M

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.69 0.58 0.75 0.75
EPS Actual 0.74 0.74 0.80 0.91
Revenue Estimate 426.54M 393.00M 393.53M 380.75M
Revenue Actual 444.98M 438.58M 438.84M 428.38M

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.

Posted In: BZI-RecapsEarnings