Matthews International (MATW) Earnings Dates, Call Summary & Reports

Compare

161 Followers

Earnings Data

Report Date

Apr 23, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.17

Last Year’s EPS

0.34

Same Quarter Last Year

Analyst Consensus

―

Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Feb 03, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call highlights a successful balance sheet transformation — notably achieving sub-3x leverage, large accretive divestitures (warehouse automation and Saueressig), substantial pension de-risking and interest savings — and continued strength in the Memorialization business and product innovation (Axian). Offsetting these positives are a substantial YoY revenue decline driven by planned divestitures, a drop in consolidated adjusted EBITDA, a swing to losses in Industrial Technologies, and near-term uncertainty/timing risk in Energy Solutions order flow. Management provided constructive guidance (adjusted EBITDA at least $180M) and tangible paths to further cash realization (Propelis upside, SAP synergies, dividend restore), but several operational and cash timing risks remain.

Company Guidance

Matthews guided to at least $180 million of adjusted EBITDA for fiscal 2026 (inclusive of its 40% Propelis interest), noting Q1 revenue of ~$284–285M and adjusted EBITDA of $35.2M (vs. $402M and $40M a year ago); the company has cut net debt to roughly $500M (outstanding debt $537M, net debt $506M) after ~$240M of divestiture cash proceeds (warehouse automation sale $225M — ~15x adjusted EBITDA and ~11x after‑tax, ~$170M net after ~$40M tax; European packaging/tooling proceeds ≈ $30M), executed early redemption of $300M of 8.625% notes to reduce annual interest expense by ~$12M, and reduced pension liabilities to well below $10M from >$300M (previously $125M unfunded). Management highlighted Propelis as a key cash-and-waiting asset — a 40% stake in a business running at an EBITDA run rate materially above the prior $100M expectation, a >$60M synergy target (including ~$20M from an SAP migration), a $50M preferred with 10% PIK (possible principal repayment as soon as Q3) and an anticipated exit in 18–24 months — and reiterated FY items including Energy Solutions revenue of ~$30–35M, CapEx of about $25M, Q1 operating cash use of $52M, expected $5–10M working capital benefit later in the year, a $0.255 quarterly dividend and 206,123 shares repurchased at an average $25.04 (with cash EBITDA ex‑Propelis implied near $130M).

Balance Sheet Repair — Leverage Target Achieved

Net debt reduced to roughly $500M (outstanding debt $537M; net debt $506M at 12/31/25). Company achieved target to bring leverage below 3x within 12 months following divestitures and debt actions.

Accretive Warehouse Automation Sale

Closed sale of warehouse automation business for $225M, representing ~15x adjusted EBITDA (11x after-tax multiple). Transaction drove a significant gain contributing to reported net income of $43.6M ($1.39/share) versus a net loss of $3.5M a year ago.

Saueressig Sale and Pension De-risking

Closed sale of Saueressig for total consideration of $41M (cash, assumed liabilities and promissory notes). Actions reduced remaining pension liabilities from well over $300M (including $125M unfunded) to well below $10M.

Interest Expense Reduction and Capital Optimization

Executed early redemption of $300M of 8.625% senior secured notes and replaced high-cost debt with lower-cost capital, expected to reduce annual interest expense by $12M and increase annual cash flow.

Propelis Stake — Large Upside and Synergies

40% interest in Propelis (SGK/SGS merger) now operating at an EBITDA run-rate significantly higher than the $100M assumed previously. Synergy target exceeds $60M; SAP migration alone is expected to activate ~$20M of synergies. Holds $50M preferred with 10% PIK interest and potential cash/exit in 18–24 months (possible preferred repayment as soon as Q3).

Memorialization Segment Strength

Memorialization sales increased 7% YoY to $204.2M (from $190.5M), driven by higher casket volumes, inflationary pricing and inclusion of the Dodge acquisition (~$10.4M contributed in the quarter). Segment adjusted EBITDA improved to $38.9M (+6.4% YoY from $36.6M).

Accretive Dodge Acquisition

Dodge integration going well; expected adjusted purchase price closer to $50M after asset sales and working capital reductions, with anticipated EBITDA contribution of over $12M (highly accretive acquisition).

Product Innovation Momentum — Axian Printhead

Axian debut at PACK EXPO received strong market interest; management estimates total addressable market over $3B. Beta systems demonstrated stable uptime and quality; minor electronic shielding refinements paused shipments for ~30–45 days and are now complete to enable volume placements this quarter.

Fiscal 2026 Adjusted EBITDA Guidance

Management expects adjusted EBITDA of at least $180M for fiscal 2026 (inclusive of 40% interest in Propelis).

Capital Deployment and Shareholder Returns

Board declared quarterly dividend of $0.255/share. Share repurchases (206,123 shares) were made related to withholding tax obligations on vested equity awards.

Matthews International (MATW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MATW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2026 (Q2)	0.17 / -	0.34	―	―	―
Feb 03, 2026	2026 (Q1)	0.04 / -0.19	0.14	-235.71% (-0.33)
Nov 20, 2025	2025 (Q4)	0.20 / 0.50	0.55	-9.09% (-0.05)
Aug 05, 2025	2025 (Q3)	0.21 / 0.28	0.56	-50.00% (-0.28)
Apr 30, 2025	2025 (Q2)	0.38 / 0.34	0.69	-50.72% (-0.35)
Feb 06, 2025	2025 (Q1)	0.23 / 0.14	0.37	-62.16% (-0.23)
Nov 21, 2024	2024 (Q4)	0.38 / 0.55	0.96	-42.71% (-0.41)
Aug 01, 2024	2024 (Q3)	0.56 / 0.56	0.74	-24.32% (-0.18)
May 02, 2024	2024 (Q2)	0.46 / 0.69	0.65	6.15% (+0.04)
Feb 01, 2024	2024 (Q1)	0.47 / 0.37	0.53	-30.19% (-0.16)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MATW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 03, 2026	$26.43	$26.32	-0.42%
Nov 20, 2025	$24.39	$24.25	-0.57%
Aug 05, 2025	$23.57	$24.59	+4.36%
Apr 30, 2025	$19.78	$19.17	-3.08%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Matthews International Corp (MATW) report earnings?

Matthews International Corp (MATW) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).

What is Matthews International Corp (MATW) earnings time?

Matthews International Corp (MATW) earnings time is at Apr 23, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MATW EPS forecast?

MATW EPS forecast for the fiscal quarter 2026 (Q2) is 0.17.