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Matthews International: Q1 Earnings Insights

Matthews International (NASDAQ:MATW) reported its Q1 earnings results on Thursday, February 1, 2024 at 04:15 PM. Here’s what…
byBenzinga Insights
February 1, 2024
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Matthews International (NASDAQ:MATW) reported its Q1 earnings results on Thursday, February 1, 2024 at 04:15 PM.

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

Earnings

Matthews International reported in-line EPS of $0.37 versus an estimate of $0.37.

Revenue was up $746 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 3.85% drop in the share price the next day.

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

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.90 0.63 0.51 0.54
EPS Actual 0.96 0.74 0.65 0.53
Revenue Estimate 483.00M 464.28M 448.14M 431.60M
Revenue Actual 480.17M 471.91M 479.58M 449.24M

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.

 
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