Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Mattr Corp. (TSE:MATR)
TSX:MATR
Holding TSE:MATR?
Track your performance easily
Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.03Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -18.85%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strategic progress and market share gains despite revenue and EBITDA declines. Challenges include sector-specific weaknesses and increased costs, but strategic moves like acquisitions and divestitures indicate long-term growth potential.Company Guidance
During the third quarter of 2024 earnings call for MATR.TO, significant guidance was provided regarding the company's financial and operational outlook. Mattr reported consolidated revenue of $250 million, an adjusted EBITDA of $37 million, and adjusted earnings per share of $0.23. The company highlighted strategic moves, such as the establishment of two new manufacturing sites in the Composite Technologies segment and the planned acquisition of AmerCable, expected to be immediately accretive. Mattr anticipates continued weakness in the North American oilfield and global automotive markets into 2025, alongside elevated North American critical infrastructure demand. To optimize operations, a $20 million annual cost reduction plan is underway, primarily targeting the fixed cost base. The company remains focused on long-term goals to double revenue by 2030 and achieve EBITDA margins above 20%, supported by investments in technology and operational efficiency.Revenue and Adjusted EBITDA Performance
Mattr delivered $250 million in revenue and $37 million in adjusted EBITDA for Q3 2024, with adjusted earnings per share of $0.23.
Strategic Acquisitions and Divestitures
Announced the planned acquisition of AmerCable, expected to be immediately and materially accretive. Pending sale of the last remaining pipe coating business to Vallourec.
Water Products Business Record
The water products business set a new quarterly revenue record, driven by strong demand for storage and treatment solutions.
Connection Technologies Segment Growth
The Connection Technologies segment set a new Q3 revenue record, nearly 10% higher year-over-year, driven by industrial sector demand.
Positive Market Share Gains
Flexpipe's share gains within the U.S. and Canadian onshore markets resulted in revenue gains despite market downturns.
---
TSE:MATR Earnings History
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
---
TSE:MATR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | C$15.81 | C$14.22 | -10.06% |
| Aug 08, 2024 | C$17.06 | C$16.10 | -5.63% |
| May 14, 2024 | C$16.27 | C$16.35 | +0.49% |
| Mar 14, 2024 | C$15.52 | C$15.86 | +2.19% |
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 Mattr Corp. (TSE:MATR) report earnings?
Mattr Corp. (TSE:MATR) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Mattr Corp. (TSE:MATR) earnings time?
Mattr Corp. (TSE:MATR) earnings time is at Mar 05, 2025, TBA Not 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 TSE:MATR EPS forecast?
TSE:MATR EPS forecast for the fiscal quarter 2024 (Q4) is -0.03.
---