Matthews International (NASDAQ:MATW) reported its Q4 earnings results on Thursday, November 16, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Matthews International beat estimated earnings by 6.67%, reporting an EPS of $0.96 versus an estimate of $0.9.
Revenue was up $23.04 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 3.29% drop in the share price the next day.
Here’s a look at Matthews International’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.63 | 0.51 | 0.54 | 0.75 |
| EPS Actual | 0.74 | 0.65 | 0.53 | 0.82 |
| Revenue Estimate | 464.28M | 448.14M | 431.60M | 419.21M |
| Revenue Actual | 471.91M | 479.58M | 449.24M | 457.13M |
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.
