Matthews International Earnings: What Investors Should Watch

Matthews International (NASDAQ:MATW) will report earnings after markets close on Thursday, July 18th. Matthews International Corporation designs, manufactures, and markets custom-made identification products. The Company’s products include cast bronze memorials, mausoleums, granite memorials, architectural plaques, printing plates, imaging systems for the corrugated and flexible packaging industries, and caskets made of metal, wood, and other materials.

Here is your Cheat Sheet to Matthews International Earnings:

Earnings Expectations: Analysts expect earnings of $0.72 per share on revenues of $253.67 million. Currently, the company’s P/E ratio stands at 21.20.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.75 to a profit $0.76. For the current year, the average estimate is a profit of $2.5, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Matthews International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 819 781 822 899 900
Diluted EPS ($) 2.55 1.90 2.31 2.46 1.98

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 227.48 230.08 225.61 256.39
Diluted EPS ($) 0.58 0.47 0.30 0.51

Past Performance:
Matthews International has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]