Matthews International (MATW) Lags Q3 Earnings Estimates

Core Viewpoint - Matthews International (MATW) reported quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.33 per share, and down from $0.56 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -15.15%, with the company previously expected to post earnings of $0.36 per share but actually reporting $0.34 per share, resulting in a -5.56% surprise [2] - Revenues for the quarter ended June 2025 were $349.38 million, exceeding the Zacks Consensus Estimate by 7.73%, but down from $427.83 million year-over-year [3] - Over the last four quarters, the company has surpassed consensus revenue estimates two times [3] Stock Performance - Matthews International shares have declined approximately 16.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.6% [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $290 million, and for the current fiscal year, it is $1.22 on revenues of $1.44 billion [8] - The outlook for the Funeral Services industry, where Matthews operates, is currently in the top 16% of over 250 Zacks industries, suggesting a favorable environment for performance [9] Competitor Insights - Carriage Services (CSV), another company in the Funeral Services industry, is expected to report quarterly earnings of $0.72 per share, reflecting a year-over-year increase of +14.3% [10] - Carriage Services' anticipated revenues are $100.47 million, which is a decrease of 1.8% from the previous year [11]