Cormark Has Negative Estimate for Mattr FY2024 Earnings

Mattr Corp. (TSE:MATFree Report) – Equities researchers at Cormark cut their FY2024 earnings per share (EPS) estimates for shares of Mattr in a report released on Thursday, February 20th. Cormark analyst D. Ocampo now anticipates that the company will post earnings of $0.73 per share for the year, down from their previous forecast of $0.80. Cormark also issued estimates for Mattr’s Q1 2025 earnings at $0.23 EPS, Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.39 EPS, FY2025 earnings at $1.38 EPS, Q1 2026 earnings at $0.37 EPS, Q2 2026 earnings at $0.52 EPS, Q3 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.74 EPS.

Separately, Atb Cap Markets downgraded Mattr from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 17th.

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Mattr Stock Performance

Insiders Place Their Bets

In other Mattr news, Director Kevin Nugent purchased 2,000 shares of Mattr stock in a transaction on Friday, January 3rd. The shares were bought at an average price of C$12.71 per share, with a total value of C$25,410.00.

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Earnings History and Estimates for Mattr (TSE:MAT)

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