Materion MTRN reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:47 AM.
Here's what investors need to know about the announcement.
Earnings
Materion beat estimated earnings by 7.2%, reporting an EPS of $1.34 versus an estimate of $1.25.
Revenue was down $6.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 1.75% increase in the share price the next day.
Here's a look at Materion's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 1.34 | 1.39 | 1.18 | 1.05 |
EPS Actual | 1.37 | 1.19 | 1.16 | 1.08 |
Revenue Estimate | 444.75M | 452.32M | 455.47M | 415.03M |
Revenue Actual | 434.58M | 428.19M | 445.30M | 449.05M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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