Matthews International Reports Results for Fiscal 2021 Second Quarter
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Matthews (MATW) Tops Q2 EPS by 15c
April 29, 2021 4:32 PM EDTMatthews (NASDAQ: MATW) reported Q2 EPS of $0.89, $0.15 better than the analyst estimate of $0.74. Revenue for the quarter came in at $417.2 million versus the consensus estimate of $392.97 million.
I am very pleased to report another strong quarter for Matthews. Our consolidated sales, adjusted EBITDA, and adjusted earnings per share for the fiscal 2021 second quarter were each higher than the same quarter a year ago, reflecting a significant increase in sales for our Memorialization segment and benefits from our ongoing cost-reduction and productivity initiatives.
In addition, the Companys consolidated cash flow from... More
