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

Matthews International (NASDAQ:MATW) is expected to be issuing its quarterly 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 interested in listening to the company’s earnings conference call can do so using this link.

Matthews International (NASDAQ:MATW) last released its earnings results 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 period in the previous year, the company posted $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 Price Performance

MATW stock opened at $27.94 on Tuesday. The stock has a market capitalization of $865.30 million, a price-to-earnings ratio of -14.48 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. Matthews International has a 52-week low of $21.09 and a 52-week high of $32.24. The stock’s fifty day simple moving average is $29.32 and its 200-day simple moving average is $26.15.

Matthews International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, February 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Monday, February 10th. Matthews International’s dividend payout ratio (DPR) is -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.