Key Details
Price
$30.04Last Dividend
$0.24Annual ROE
-13.65%Beta
1.04Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Nov 21, 2024Recent annual earnings:
Nov 21, 2024Next ex-dividend date:
Dec 02, 2024Recent ex-dividend date:
Aug 05, 2024Next split:
N/ARecent split:
Sept 04, 2001Analyst ratings
Recent major analysts updates
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MATW, ZIM, PWR and OBT recently announced dividend hikes.
Matthews International Corporation reported strong earnings, with cost control and deleveraging progress, despite issues in the EV market and marketing limitations for battery technology. The launch of new products like the laser product and Acxiom, along with cost reductions, are expected to drive future growth and profitability in 2025. Memorialization business showed margin improvement and EBITDA growth, benefiting from inventory costing dynamics and cost-cutting measures, despite sales declines.
Matthews International Corporation (NASDAQ:MATW ) Q4 2024 Earnings Conference Call November 22, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci - President and CEO Steve Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Liam Burke - B. Riley Securities Justin Bergner - Gabelli Colin Rusch - Oppenheimer Operator Greetings, and welcome to the Matthews International Fourth Quarter and Year-End Fiscal 2024 Financial Results.
Financial Highlights : 4 th Quarter consolidated sales of $446.7 million; $1.80 billion for fiscal 2024 Outstanding debt reduced by $53.8 million during the quarter Cost reduction actions progressing well Company sets adjusted EBITDA guidance for fiscal 2025 Webcast: Friday, November 22, 2024, 9:00 a.m., (201) 689-8471 PITTSBURGH, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for the quarter and fiscal year ended September 30, 2024.
PITTSBURGH, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its fourth quarter and fiscal year 2024 earnings results after the market closes on Thursday, November 21, 2024.
Matthews International faces challenges due to an outstanding Tesla lawsuit casting a pall, but historically low stock levels present a potential buying opportunity as operating metrics may improve. The company's memorialization business shows promise with expected Q4 improvements, lapping declining death rates and tough comparisons. Industrial technology struggles with stalled EV battery equipment orders, but new product launches and backlog liquidation could drive consolidation in results.
Matthews International Corporation (NASDAQ:MATW ) Q3 2024 Earnings Conference Call August 2, 2024 9:00 AM ET Company Participants Bill Wilson - Senior Director-Corporate Development Joe Bartolacci - President and CEO Steve Nicola - CFO Conference Call Participants Daniel Moore - CJS Securities Justin Bergner - Gabelli Operator Greetings, and welcome to Matthews International Third Quarter Fiscal 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode.
Matthews International (MATW) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.74 per share a year ago.
PITTSBURGH, July 24, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.24 per share on the Company's common stock.
PITTSBURGH, July 12, 2024 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2024 earnings results after the market closes on Thursday, August 1, 2024.
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