Matthews International (MATW) Projected to Post Earnings on Thursday

Matthews International (NASDAQ:MATW) is expected to be announcing its earnings results after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $426.88 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Matthews International (NASDAQ:MATW) last announced its earnings results on Thursday, November 21st. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.14. Matthews International had a positive return on equity of 13.69% and a negative net margin of 3.32%. During the same quarter 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 Trading Down 0.2 %

Shares of MATW opened at $27.94 on Tuesday. Matthews International has a one year low of $21.09 and a one year high of $32.24. The stock has a 50-day moving average price of $29.32 and a 200 day moving average price of $26.15. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.91 and a current ratio of 1.45. The company has a market capitalization of $865.30 million, a P/E ratio of -14.48 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. Stockholders of record on Monday, February 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.58%. The ex-dividend date is Monday, February 10th. Matthews International’s dividend payout ratio (DPR) 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.