Mativ Holdings (NYSE:MATV) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$523.8m (flat on 2Q 2023).

• Net loss: US$1.50m (loss narrowed by 90% from 2Q 2023).

• US$0.028 loss per share (improved from US$0.26 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mativ Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 89%.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are up 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Mativ Holdings (1 shouldn't be ignored) you should be aware of.

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