Materion Updates FY24 Adjusted EPS Range To $5.20 -$5.40 From $5.60 - $5.90, Est $5.27
Portfolio Pulse from Benzinga Newsdesk
Materion Corporation has revised its FY24 adjusted EPS guidance to a range of $5.20 to $5.40, down from the previous range of $5.60 to $5.90. The estimated EPS is $5.27.
October 30, 2024 | 10:52 am
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Materion Corporation has lowered its FY24 adjusted EPS guidance to $5.20-$5.40 from $5.60-$5.90, with an estimated EPS of $5.27.
The downward revision of Materion's EPS guidance suggests potential challenges in meeting previous earnings expectations, which could negatively impact investor sentiment and the stock price in the short term.
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