Matthews International (MATW) to Release Earnings on Thursday

Matthews International (NASDAQ:MATW) is expected to release its earnings data 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Matthews International (NASDAQ:MATW) last posted its quarterly earnings data on Thursday, November 21st. The company reported $0.55 EPS for the quarter, topping 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 quarter last year, the business earned $0.96 earnings per share. 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 0.8 %

Shares of MATW opened at $28.31 on Thursday. Matthews International has a twelve month low of $21.09 and a twelve month high of $34.41. 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’s fifty day simple moving average is $29.38 and its 200-day simple moving average is $26.13. The company has a market cap of $876.76 million, a P/E ratio of -14.67 and a beta of 1.14.

Matthews International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Investors of record on Monday, February 10th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.53%. 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.