Matthews International (MATW) Lags Q2 Earnings and Revenue Estimates

Matthews International (MATW) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of$ 0.36 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.56%. A quarter ago, it was expected that this global provider of industrial technologies, memorialization products and brand solutions would post earnings of$ 0.26 per share when it actually produced earn ...