Matthews International (MATW) Lags Q3 Earnings Estimates

Matthews International (MATW) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of$ 0.33 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.15%. A quarter ago, it was expected that this global provider of industrial technologies, memorialization products and brand solutions would post earnings of$ 0.36 per share when it actually produced ear ...