Mativ Holdings (MATV) Reports Q1 Loss, Tops Revenue Estimates

Mativ Holdings (MATV) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of$ 0.11. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.27%. A quarter ago, it was expected that this paper and reconstituted tobacco company would post earnings of$ 0.04 per share when it actually produced earnings of $0.05, delivering a surprise of 25%.Over the last fo ...