Matthews International (MATW) Expected to Announce Quarterly Earnings on Thursday

Matthews International (NASDAQ:MATW - Get Free Report) will likely be releasing its earnings data 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. Individual interested in participating in the company's earnings conference call can do so using this link.

Matthews International (NASDAQ:MATW - Get Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported $0.55 earnings per share 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 company posted $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 Up 1.7 %

Matthews International stock traded up $0.48 during trading hours on Thursday, hitting $28.79. The stock had a trading volume of 27,657 shares, compared to its average volume of 162,993. The stock has a market cap of $891.72 million, a price-to-earnings ratio of -14.91 and a beta of 1.14. The company has a quick ratio of 0.91, a current ratio of 1.45 and a debt-to-equity ratio of 1.76. The business's 50 day simple moving average is $29.38 and its 200-day simple moving average is $26.13. Matthews International has a one year low of $21.09 and a one year high of $34.19.

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 given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.47%. Matthews International's dividend payout ratio is presently -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.