Materion Corp. (MTRN) Reports In-Line Q4 EPS

Materion Corp. (NYSE: MTRN) reported Q4 EPS of $1.03, in-line with the analyst estimate of $1.03. Revenue for the quarter came in at $397.2 million versus the consensus estimate of $428.03 million.

GUIDANCE:

Materion Corp. sees FY2022 EPS of $4.80-$5.20, versus the consensus of $4.78.

• With strong end market demand, organic outgrowth resulting from our customer initiatives, and the full year impact of our HCS-Electronic Materials acquisition, 2022 adjusted earnings per share is expected to be in the range of $4.80 to $5.20. Excluding acquisition related amortization, adjusted earnings per share is expected to be in the range of $5.30 to $5.70, an increase of 35% at the midpoint versus the comparable prior year metric.

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

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