Stock Analysis
Mattr (TSE:MATR) Third Quarter 2024 Results
Key Financial Results
- Revenue: CA$226.2m (flat on 3Q 2023).
- Net income: CA$5.61m (down 69% from 3Q 2023).
- Profit margin: 2.5% (down from 8.0% in 3Q 2023).
- EPS: CA$0.085 (down from CA$0.26 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mattr Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 45%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Energy Services industry in Canada.
Performance of the Canadian Energy Services industry.
The company's shares are up 8.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 2 warning signs for Mattr you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSX:MATR
Mattr
Operates as a material technology company that serves the transportation, communication, water management, energy and electrification markets in Canada, the United States, Latin America, Europe, Middle East, Africa, and Asia Pacific.
