Matthews International Reports Results for Fiscal 2019 First Quarter

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Matthews (MATW) Misses Q1 EPS by 7c

January 31, 2019 4:23 PM EST

Matthews (NASDAQ: MATW) reported Q1 EPS of $0.50, $0.07 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $374.2 million versus the consensus estimate of $372.66 million.

Company re-affirms earnings targets for fiscal 2019Consolidated sales of $374.2 million, up $4.7 million over last yearGAAP EPS of $0.10; non-GAAP EPS of $0.50Adjusted EBITDA of $46.5 millionCash flow from... More