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Matthews International Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call
Globenewswire· 2025-07-10 20:15
Core Viewpoint - Matthews International Corporation is set to release its third quarter fiscal year 2025 earnings results on August 5, 2025, after market close [1] Financial Results Announcement - The company will host a conference call and webcast on August 6, 2025, at 9:00 a.m. Eastern Time to review financial and operating results and discuss future outlook [2][3] - Key participants in the call will include Joseph C. Bartolacci, President and CEO, and Steven F. Nicola, Chief Financial Officer and Treasurer [2] Company Overview - Matthews International Corporation operates through two main segments: Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth through innovation and strategic expansion [4] - The Industrial Technologies segment is a global innovator in precision technologies and intelligent processes, while the Memorialization segment provides products such as memorials, caskets, and cremation equipment to cemetery and funeral home customers [4] - The company employs over 5,400 individuals across 19 countries on four continents, dedicated to delivering high-quality products and services [4]
Matthews International Announces Closing of SGK Brand Solutions Sale
Globenewswire· 2025-05-01 20:15
PITTSBURGH, May 01, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced the successful closing of the sale of its SGK Brand Solutions business (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”). The transaction combines SGK and SGS into a new company that is expected to be a leading global provider of brand solutions. Under the terms of the transaction, Matthews received upfront consideration of $350 million, co ...
Ahead of Ingersoll (IR) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2025-04-29 14:21
Core Insights - Analysts expect Ingersoll Rand (IR) to report quarterly earnings of $0.74 per share, reflecting a year-over-year decline of 5.1% [1] - Revenue is projected to be $1.74 billion, which indicates a 4.1% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1] Revenue and EBITDA Projections - Revenue from Precision and Science Technologies is expected to be $364.25 million, representing a 22.8% increase year-over-year [4] - Revenue from Industrial Technologies and Services is anticipated to reach $1.37 billion [4] - Adjusted EBITDA for Precision & Science Technologies is projected at $103.89 million, up from $91.40 million in the previous year [4] - Adjusted EBITDA for Industrial Technologies & Services is estimated at $406.83 million, slightly down from $411.10 million reported in the same quarter last year [5] Stock Performance and Market Outlook - Ingersoll Rand shares have decreased by 6.5% over the past month, contrasting with a 0.8% decline in the Zacks S&P 500 composite [5] - The company holds a Zacks Rank of 4 (Sell), suggesting it is expected to underperform the overall market in the near future [5]