Materion Corp. (MTRN) Tops Q4 EPS by 12c

Materion Corp. (NYSE: MTRN) reported Q4 EPS of $0.70, $0.12 better than the analyst estimate of $0.58. Revenue for the quarter came in at $339.7 million versus the consensus estimate of $292.15 million.

OUTLOOK

Predicting full year demand levels continues to be extremely challenging with the ongoing COVID-19 pandemic. As a result, we are providing guidance for the first quarter of 2021. Based on current demand levels, we expect adjusted earnings per diluted share in the first quarter to be in the range of $0.58 to $0.62 per share, an increase of over 50% from the first quarter of 2020.

(Consensus is for Q1 EPS of $0.63)

For earnings history and earnings-related data on Materion Corp. (MTRN) click here.

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