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Mativ Holdings Q1 Adj $0.02 Misses $0.20 Estimate, Sales $500.20M Beat $492.00M Estimate

Benzinga ·  May 9 06:42

Mativ Holdings (NYSE:MATV) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.20 by 90 percent. This is a 92 percent decrease over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $500.20 million which beat the analyst consensus estimate of $492.00 million by 1.67 percent. This is a 26.33 percent decrease over sales of $679.00 million the same period last year.

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