Materion publishes third-quarter 2026 earnings call transcript
MTRN•Materion raised its 2026 adjusted EPS outlook to $7.10-$7.40 from $6.80-$7.20 after reporting record third-quarter value-added sales of $313.7 million and adjusted EPS of $1.93. Management expects fourth-quarter sales to accelerate meaningfully and cited a backlog up approximately 35% year over year.
1. Outlook raised again
Materion raised its 2026 adjusted EPS outlook to $7.10-$7.40 from $6.80-$7.20, marking its third increase of the year. Management expects fourth-quarter sales to accelerate meaningfully, driving full-year top-line growth in the high teens.
2. Quarterly records
Third-quarter value-added sales rose 19% to $313.7 million, while adjusted EPS increased 37% to $1.93; both were records. Backlog increased approximately 35% year over year, supporting management's confidence in continued demand.
