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Investing.com - Mativ Holdings reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Mativ Holdings announced earnings per share of $0.74 on revenue of $674.1M. Analysts polled by Investing.com EPS of $0.75 on revenue of $408.9M.
Mativ Holdings 's are down 29.95% and is trading at $23.59 , still down 34.39% from its 52 week high of $35.96 set on Monday, November 15, 2021.
Mativ Holdings follows other major Materials sector earnings this month
Mativ Holdings's report follows an earnings beat by Vale ADR on Thursday, October 27, 2022, who reported EPS of $0.98 on revenue of $9.93B, EPS of $0.6671 on revenue of $10.74B.
Air Products had beat expectations on Thursday, November 3, 2022 with fourth quarter EPS of $2.89 on revenue of $3.57B, for EPS of $2.77 on revenue of $3.21B.
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