Materion: Q3 Earnings Insights

Shares of Materion MTRN decreased 0.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 32.10% over the past year to $0.55, which beat the estimate of $0.51.

Revenue of $287,171,000 decreased by 6.15% from the same period last year, which beat the estimate of $281,700,000.

Looking Ahead

Materion hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 22, 2020

Time: 09:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2095/32826

Recent Stock Performance

Company's 52-week high was at $63.83

52-week low: $26.15

Price action over last quarter: down 4.64%

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
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
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!

Loading...