From Nasdaq: 2024-05-01 19:45:02

Materion (MTRN) reported quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $0.98 per share, with a -2.04% earnings surprise. The company, in the Mining – Miscellaneous industry, posted revenues of $385.29 million, falling short of estimates by 1.15%.

Despite missing estimates, Materion has surpassed EPS estimates twice in the last four quarters. The stock has lost 11.7% this year compared to the S&P 500’s 5.6% gain. The company’s future performance is dependent on management’s commentary and earnings outlook.

McEwen (MUX), in the same industry, is expected to report a quarterly loss of $0.03 per share, a 78.6% change from the previous year. Revenues are projected to reach $39.8 million, a 14.5% increase. Other stocks with high potential are highlighted for potential +100% gains in 2024.



Read more at Nasdaq: Materion (MTRN) Misses Q1 Earnings and Revenue Estimates