Materion raises FY23 adjusted EPS view to $5.60-$6.00 from $5.50-$5.90

Consensus is for FY23 EPS $5.56. The company said, "Despite challenges surrounding the macroeconomic environment, we remain confident in our ability to execute and deliver another year of record results. With our strong start to the year coupled with our revised outlook, we are increasing our expected adjusted earnings per share range to $5.60-$6.00, from our previously shared range of $5.50-$5.90, an increase of 10% at the midpoint versus the prior year."