Materion Corporation (NYSE:MTRN) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Kyle Kelleher - Manager, IR Jugal Vijayvargiya - President & CEO Shelly Chadwick - VP & CFO Conference Call Participants Mike Harrison - Seaport Research Partners Daniel Moore - CJS Securities Philip Gibbs - KeyBanc Capital Markets Kevin Holder - CL King David Storms - Stonegate Operator Welcome to the Materion Third Quarter 2024 Earnings Conference Call. [Operator Instructions]. I will now tu ...

Materion (MTRN) came out with quarterly earnings of $1.41 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this supplier of engineered materials to technology companies would post earnings of $1.41 per share when it actually produced earnings of $1.42, delivering a surprise of 0.71%. Over the last four quarters, the company has surpassed consensus EPS estimate ...

October 30, 2024 Materion Corporation Reports Third Quarter 2024 Financial Results MAYFIELD HEIGHTS, Ohio – October 30, 2024 - Materion Corporation (NYSE: MTRN) today reported third quarter 2024 financial results. Financial Summary • Net sales were $436.7 million; value-added sales were $263.8 million • Net income was $22.3 million, or $1.07 per share, diluted; adjusted earnings of $1.41 per share • Operating profit of $31.3 million; record third quarter adjusted EBITDA of $56.7 million versus $55.4 million ...

Materion (MTRN, Financial) has seen its stock price move recently due to a revised profitability outlook for 2024. The company lowered its guidance, causing investor sentiment to shift significantly. Presently, the stock is valued at $105.35, reflecting a 4.9% change in its valuation. The downward revision in Materion's (MTRN, Financial) adjusted EPS guidance, now projected between $5.20 to $5.40, is a central factor in the stock's recent dip. This adjustment comes amidst a slower-than-anticipated order int ...

Lower-than-expected profitability in 2024 isn't the only reason investors are avoiding the stock this week. With orders coming in lower than expected, management for advanced materials company Materion (MTRN 4.55%) sees a less profitable 2024 than it had initially expected. As a result, the company downwardly revised its 2024 guidance, motivating investors to trim -- or exit completely -- their positions. Adding to investors' concerns, an analyst provided a more bearish outlook on Materion stock during the ...

Materion (MTRN) shares ended the last trading session 3.5% higher at $100.43. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.6% loss over the past four weeks. An analyst at Seaport Global Securities maintained a Buy rating on the MTRN stock despite lowering its target price from $150.00 to $135.00. Materion has recently revised its earnings per share forecast for 2024 to a range of $5.20-5.40 due to lowerthan-ex ...

| --- | --- | --- | --- | |-------------------------------|-------|-------|-------| | | | | | | Materion Corporation | | | | | | | | | | 2Q 2024 Earnings Presentation | | | | | August 5, 2024 | | | | | | | | | | | | | | | | | | | © 2024 Materion Corporation Agenda Introduction Kyle Kelleher – Director, Investor Relations and Corporate FP&A Opening Remarks & Business Update Jugal Vijayvargiya – President and Chief Executive Officer Financial Review Shelly Chadwick – Vice President and Chief Financial Officer ...

Materion Corporation (NYSE:MTRN) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Kyle Kelleher - Manager, IR Jugal - President & CEO Shelly Chadwick - VP & CFO Conference Call Participants Daniel Moore - CJS Securities Michael Harrison - Seaport Research Partners David Silver - CL King Philip Gibbs - KeyBanc Capital Markets David Storms - Stonegate Operator Greetings. Welcome to the Materion Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, th ...

August 5, 2024 Materion Corporation Reports Record Second Quarter 2024 Financial Results MAYFIELD HEIGHTS, Ohio - August 5, 2024 - Materion Corporation (NYSE: MTRN) today reported record second quarter 2024 financial results and updated 2024 earnings guidance. Financial Summary • Net sales were $425.9 million; value-added sales were a second quarter record of $279.8 million, an increase of 4% year over year • Net income was $19.0 million, or $0.91 per share, diluted; adjusted earnings of $1.42 per share, an ...

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This supplier of engineered materials to technology companies is expected to post quarterly earnings of $1.41 per share in its upcoming report, which represents a year-over-year change of +2.2%. The consensus EPS estimate for the quarter has been revised 1.25% lowe ...