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Materion Corp Lowers FY 2013 EPS Guidance


Friday, 26 Jul 2013 08:51am EDT 

Materion Corp announced that the macroeconomic conditions are mixed and global growth rates for the second half of the year appear to be below those originally anticipated. Therefore, the Company is adjusting its previously announced $1.75 to $2.00 per share earnings range for fiscal 2013 to $1.65 to $1.85 per share (EPS). According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $1.85 for fiscal 2013. 

Company Quote

33.68
4.6 +15.82%
11:47am EDT