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 anticipated EPS of $0.75 on revenue of $408.9M.
Mativ Holdings shares are down 29.95% from the beginning of the year and are trading at $23.59 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $2.77 on revenue of $3.21B.
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