In This Article:
Mativ Holdings (NYSE:MATV) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$498.5m (flat on 3Q 2023).
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Net loss: US$20.9m (loss narrowed by 96% from 3Q 2023).
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US$0.39 loss per share (improved from US$8.50 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mativ Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 145%.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are down 14% from a week ago.
Risk Analysis
Be aware that Mativ Holdings is showing 3 warning signs in our investment analysis and 1 of those shouldn't be ignored...
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