Benzinga | Jul 23, 2020 07:52AM EDT

Materion Q2 EPS $0.32 Misses $0.45 Estimate, Sales $271.50M Miss $282.55M Estimate

Materion (NYSE:MTRN) reported quarterly earnings of $0.32 per share which missed the analyst consensus estimate of $0.45 by 28.89 percent. This is a 63.64 percent decrease over earnings of $0.88 per share from the same period last year. The company reported quarterly sales of $271.50 million which missed the analyst consensus estimate of $282.55 million by 3.91 percent. This is a 8.84 percent decrease over sales of $297.84 million the same period last year.