Tag: Matthews Cremation

Finance

Seeking Alpha author makes case for Matthews International

Seeking Alpha author Austin Rogers makes a case for the upside future of conglomerate Matthews International. . .a company which receives about 46% of its revenue from the death care space.  The article is really detailed about a little history of Matthews and where the company seems to be going in the future. Here’s a couple of items the author mentions about Matthews: Matthews International is a small-cap dividend growth stock that is easily overlooked for its small size and […]

Finance

Retail death care stocks lead the run-up

On Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677.  On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021.  That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to date and the S & P 500 index also closed on that date with a 20.9% increase year to date. Pretty impressive. . . but […]

Finance

Matthews — Revenues, Dividend, Stock Price — All up!!

Matthews International, the Pittsburgh based consolidated company with a division in the death care industry that deals with memorials, cremation equipment, caskets, and more, had an interesting Friday after releasing their 4th quarter and year end earnings on Thursday.  You can see a press release of their results here. For the year the company reported record sales of over $1.6 billion, which is an $87 million (5.7%) increase over the previous year.  Matthews accounts on a fiscal year beginning on […]

Finance

Matthews Earnings beats Consensus, Memorialization Sales Slip

Matthews International Corporation reported earnings on January 25.  The consolidated company – which operates worldwide in three divisions which includes a division labeled “Memorialization” and includes Matthews Cremation Products and Aurora Casket among others – recorded an increase in sales of over $20 million system-wide for their fiscal year’s 1st Quarter.  They also produced non-GAAP per share earnings of $0.64 per share while analysts had estimated only $ 0.58 per share. It should be mentioned, however, that last years !st […]