Mattr Corp reports results for the quarter ended December 31 - Earnings Summary

• Mattr Corp MATR.TO reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of eight analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -15 cents to 1 cents per share.

• Revenue fell 1.4% to C$207.77 million from a year ago; analysts expected C$192.15 million.

• Mattr Corp's reported EPS for the quarter was a loss of 20 cents​.

• The company reported a quarterly loss of C$12.78 million.

• Mattr Corp shares had fallen by 24.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 795.9% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"

Wall Street's median 12-month price target for Mattr Corp is C$17.88

This summary was machine generated from LSEG data March 14 at 12:18 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)