Recap: Materion Q3 Earnings

Materion MTRN reported its Q3 earnings results on Wednesday, November 2, 2022 at 06:47 AM.

Here's what investors need to know about the announcement.

Materion missed estimated earnings by 14.39%, reporting an EPS of $1.19 versus an estimate of $1.39.

Revenue was up $40.16 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 2.71% increase in the share price the next day.

Here's a look at Materion's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.18	1.05	1.03	0.84
EPS Actual	1.16	1.08	1.03	1.10
Revenue Estimate	455.47M	415.03M	428.03M	375.37M
Revenue Actual	445.30M	449.05M	397.23M	388.03M

To track all earnings releases for Materion visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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