Matthews International (NASDAQ:MATW) will release its quarterly earnings report on Thursday, 2024-11-21. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Matthews International to report anearnings per share(EPS) of $0.38.
Anticipation surrounds Matthews International's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
The company's EPS beat by $0.01 in the last quarter, leading to a 4.99% drop in the share price on the following day.