Matthews International (MATW) to Release Quarterly Earnings on Thursday

Matthews International (NASDAQ:MATW) is projected to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Matthews International to post earnings of $0.26 per share and revenue of $426.88 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Matthews International (NASDAQ:MATW) last released its earnings results on Thursday, November 21st. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.14. Matthews International had a negative net margin of 3.32% and a positive return on equity of 13.69%. During the same period last year, the business earned $0.96 EPS. On average, analysts expect Matthews International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Matthews International Stock Performance

Shares of Matthews International stock opened at $27.11 on Wednesday. The business has a 50-day moving average price of $29.26 and a two-hundred day moving average price of $26.15. Matthews International has a 1-year low of $21.09 and a 1-year high of $32.24. The company has a current ratio of 1.45, a quick ratio of 0.91 and a debt-to-equity ratio of 1.76. The company has a market cap of $839.60 million, a P/E ratio of -14.05 and a beta of 1.14.

Matthews International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Monday, February 10th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, February 10th. This represents a $1.00 annualized dividend and a yield of 3.69%. Matthews International’s dividend payout ratio is currently -51.81%.

Matthews International Company Profile

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials.