National Bank Financial Equities Analysts Reduce Earnings Estimates for Mattr Corp. (TSE:MAT)

Mattr Corp. (TSE:MATFree Report) – Stock analysts at National Bank Financial decreased their FY2024 earnings estimates for Mattr in a research report issued to clients and investors on Tuesday, October 8th. National Bank Financial analyst Z. Evershed now anticipates that the company will earn $0.86 per share for the year, down from their prior estimate of $1.00. National Bank Financial also issued estimates for Mattr’s Q4 2024 earnings at $0.16 EPS and FY2025 earnings at $1.56 EPS.

Mattr (TSE:MATGet Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.26 by C$0.05. The business had revenue of C$253.86 million during the quarter, compared to analyst estimates of C$256.18 million.

Separately, Royal Bank of Canada raised shares of Mattr from a “hold” rating to a “moderate buy” rating in a report on Wednesday, July 3rd.

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