Oct. 23, 2014, 12:45 PM
Oct. 7, 2013, 12:46 PM
Oct. 7, 2013, 10:25 AM
- Materion (MTRN -8.7%) issues downside guidance for Q3, seeing EPS of ~$0.20 vs. $0.39 consensus estimate, and says shipments of certain high-margin beryllium-based defense and nuclear science as well as defense optics orders have been delayed.
- MTRN also issues guidance for Q4, seeing EPS well ahead of Q3 and the strongest of the year, exceeding Q2's $0.43.
- MTRN plans to take additional facility and product line rationalization actions during Q4, which will result in a charge of up to $0.15/share but should favorably impact 2014 performance by up to $0.30/share.
Jul. 30, 2012, 11:34 AMMaterion (MTRN -5.2%) shares slip after benefiting from a strong market Friday, particularly for metals and mining stocks, which helped support MTRN despite the company's report of disappointing Q2 results and reduced 2013 guidance. Jefferies lowers its price target on the stock to $34 from $40. | Comment!
Feb. 8, 2012, 9:08 AMShares of Materion (MTRN) lose 13.5% premarket after the firm updates its expectations for 2011 results and provides an outlook for 2012. The company says 2011 sales will fall short after the holiday period did not match last year's total and sees EPS falling in a range of $2.05 to $2.25 in 2012. | Comment!
Nov. 29, 2011, 1:37 PMElectronics component manufacturer Materion (MTRN +3.7%) gets a lift from a KeyBanc upgrade to Buy on valuation. The firm cites better-than-expected Black Friday sales, pent-up consumer demand and cautious electronic production schedules into the holiday season that could lead to modest demand recovery early next year. | Comment!
Jun. 6, 2011, 4:47 PM
MTRN vs. ETF Alternatives
Materion Corp, through its subsidiaries, manufactures engineered materialsused in electrical, electronic, thermal, & structural applications. Its products are sold intoend markets, including consumer electronics,defense,energy,medical, among others.
Other News & PR