earnings
confidence high
sentiment positive
materiality 0.85
Materion reports record Q4 net sales $397.2M, adj. EPS $1.03; 2022 guidance $4.80-$5.20
MATERION Corp
2021-FY EPS reported
$3.50
revenue$1,510,644,000
- Q4 VA sales record $237.4M (+27% YoY); adj. EBIT $28.1M (+50% YoY); 180 bps margin expansion.
- GAAP EPS $0.95; adj. EPS $1.03 (+47%). Full-year adj. EPS $3.81 (+88%), VA sales $859.7M.
- Completed HCS-Electronic Materials acquisition (largest ever) and customer-funded clad strip facility.
- 2022 adj. EPS guidance $4.80-$5.20; ex-amortization $5.30-$5.70, +35% at midpoint.