Materion Sees FY24 Adj. EPS $6.10-$6.50 vs $6.29 Est.
Portfolio Pulse from Benzinga Newsdesk
Materion Corporation projects its adjusted earnings per share (EPS) for fiscal year 2024 to be in the range of $6.10 to $6.50, compared to the analyst estimate of $6.29.
February 15, 2024 | 11:49 am
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Materion Corporation expects its adjusted EPS for FY24 to be between $6.10 and $6.50, which brackets the analyst consensus of $6.29.
Materion's projected EPS range for FY24 slightly exceeds the current analyst estimate, which could lead to positive investor sentiment and potentially boost the stock price in the short term. The company's confidence in its financial outlook, as indicated by the forecast, may also contribute to a favorable market reaction.
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IMPORTANCE 90
RELEVANCE 100