Matthews International Reports Results for Fiscal 2020 First Quarter
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Matthews (MATW) Tops Q1 EPS by 2c
January 30, 2020 4:20 PM ESTMatthews (NASDAQ: MATW) reported Q1 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $364.9 million versus the consensus estimate of $357.52 million.
GUIDANCE:
Mr. Bartolacci further stated: We are encouraged by our first quarter performance as we achieved our consolidated adjusted earnings per share projections. Our Memorialization business remains a steady and stable cash flow generator, with a strong backlog for cremation and waste... More
