The exciting news about Materion Corporation (NYSE: MTRN) will be shared on Wednesday 30th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
The financial experts on Wall Street are predicting that the establishment will likely report an estimated $1.41 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $416.4 million revenue during the quarter.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $1.51. Additionally, the company's overall revenue for that particular period was an impressive $403.07 million.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $1.66 billion. Additionally, they predict that the earnings per share for the company will hit profit of $5.27 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.42 | +2.9% | 425.87 M | +6.9% |
| Q1 2024 | $0.96 | -28.4% | 385.29 M | -12.9% |
| Q4 2023 | $1.29 | -5.8% | 421.04 M | -3.1% |
| Q3 2023 | $1.51 | +26.9% | 403.07 M | -5.9% |
| Q2 2023 | $1.38 | +19.0% | 398.55 M | -10.5% |
| *Growth on year-over-year basis | ||||
MTRN has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss the third quarter financial results and other related information.
Materion Corporation (MTRN) shares traded as low as $103.70 and as high as $105.41 on a day volume of 58.70 thousand shares, closed Monday's regular trading session at $104.58, an upturn of 0.71 percent.
