Mativ Holdings (NYSE:MATV) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$498.5m (flat on 3Q 2023).
- Net loss: US$20.9m (loss narrowed by 96% from 3Q 2023).
- 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 5.8% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Chemicals industry in the US.
Performance of the American Chemicals industry.
The company's shares are down 12% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Mativ Holdings has 3 warning signs (and 1 which is significant) we think 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 NYSE:MATV
Mativ Holdings
Manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally.
Fair value with moderate growth potential.
