Cormark Research Analysts Cut Earnings Estimates for Mattr Corp. (TSE:MAT)

Mattr Corp. (TSE:MATFree Report) – Research analysts at Cormark cut their Q3 2024 earnings per share (EPS) estimates for Mattr in a report released on Friday, October 11th. Cormark analyst D. Ocampo now expects that the company will post earnings of $0.21 per share for the quarter, down from their prior estimate of $0.25. Cormark also issued estimates for Mattr’s Q4 2024 earnings at $0.12 EPS, FY2024 earnings at $0.80 EPS, Q1 2025 earnings at $0.25 EPS, Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.23 EPS and FY2026 earnings at $1.46 EPS.

Separately, Royal Bank of Canada upgraded Mattr from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, July 3rd.

Read Our Latest Analysis on Mattr

Mattr Price Performance

Mattr (TSE:MATGet Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported C$0.31 EPS for the quarter, topping the consensus estimate of C$0.26 by C$0.05. The firm had revenue of C$253.86 million for the quarter, compared to analyst estimates of C$256.18 million.

See Also

Earnings History and Estimates for Mattr (TSE:MAT)

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