Matthews (MATW) Q3 EPS Beats by 30%
Matthews International (NASDAQ:MATW), a global provider of memorialization products, industrial technologies, and brand solutions, released its earnings for the third quarter of fiscal 2025 on August 6, 2025. The most notable news was the company’s outperformance versus analyst expectations on both revenue and non-GAAP earnings per share (EPS), even as headline figures declined year-over-year due to the sale of its SGK Brand Solutions business. Non-GAAP EPS was $0.28 compared to the $0.215 estimate, while revenue (GAAP) reached $349.4 million versus the $321.95 million consensus. The quarter saw notable improvements in gross margin (GAAP) and adjusted EBITDA margin, with solid execution in Memorialization and Industrial Technologies despite lower cash generation and lower adjusted profits (non-GAAP) versus the prior year.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q2 2025 earnings report.
Matthews International operates through two core segments. The Memorialization segment provides caskets, cemetery products, cremation equipment, and related services, primarily across North America and Europe. Its Industrial Technologies unit focuses on custom energy storage solutions, dry electrode battery technology, product identification, and warehouse automation technologies. The Brand Solutions (SGK) segment, which provided brand management and packaging solutions, transitioned to a 40% stake in a joint venture called Propelis following the sale of its majority interest in Q3 FY2025.
Source Fool.com
