Matson Inc expected to post earnings of $1.96 a share - Earnings Preview

Matson

18/02/2023 01:20

* Matson Inc  MATX.N   MATX.K  is expected to show a fall in
quarterly revenue when it reports  results on February 21. 
    * The Honolulu Hawaii-based  company is expected to report 
a
36.8% decrease in revenue to $801.219 million from $1.27 billion
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Matson Inc is for
earnings of $1.96 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Matson Inc
is
$74​, above​ its last closing price of $70.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  6.74        7.07       6.89      Missed  -2.5
 Jun. 30 2022  9.38        9.38       9.49      Beat    1.2
 Mar. 31 2022  7.37        7.03       8.23      Beat    17.2​
                                      9.39              
 ​​Sep.        5.92        5.23       6.53      Beat    25
 30 2021                                                
 Jun. 30 2021  3.67        2.96       3.71      Beat    25.3​
 Mar. 31 2021  1.87        1.63       1.99      Beat    22.1
 Dec. 31 2020  1.80        1.80       1.96      Beat    8.7
 This summary was machine generated February 18 at 01:20 GMT. 
All figures in US dollars  unless otherwise stated