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Materion Q3 Adj. EPS $1.51 Beats $1.42 Estimate, Sales $403.07M Miss $403.60M Estimate

Author: Benzinga Newsdesk | November 01, 2023 06:50am

Materion (NYSE:MTRN) reported adjusted quarterly earnings of $1.51 per share which beat the analyst consensus estimate of $1.42 by 6.34 percent. This is a 26.89 percent increase over earnings of $1.19 per share from the same period last year. The company reported quarterly sales of $403.07 million which missed the analyst consensus estimate of $403.60 million by 0.13 percent. This is a 5.87 percent decrease over sales of $428.19 million the same period last year.

Posted In: MTRN


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