A Preview Of Materion's Earnings

Materion (NYSE:MTRN) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Materion will report an earnings per share (EPS) of $1.54.

The market awaits Materion's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.01, leading to a 10.87% increase in the share price the following trading session.

Here's a look at Materion's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.41

0.96

1.41

1.42

EPS Actual

1.42

0.96

1.29

1.51

Price Change %

11.0%

-5.0%

0.0%

1.0%

Tracking Materion's Stock Performance

Shares of Materion were trading at $104.58 as of October 28. Over the last 52-week period, shares are down 0.69%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Opinions on Materion

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Materion.

Materion has received a total of 1 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of ...