Matson Inc expected to post earnings of $7.03 a share - Earnings Preview

Matson

29/04/2022 21:29

* Matson Inc  MATX.N   MATX.K  is expected to show a rise in
quarterly revenue when it reports  results on May 3. 
    * The Honolulu Hawaii-based  company is expected to report 
a
56.6% increase in revenue to $1.114 billion from $711.8 million
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 $7.03 per share. For the same quarter last year, the
company reported earnings of $1.99 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the marine
freight &
logistics peer group is also "Buy".​
    * Wall Street's median 12-month price target for Matson Inc
is
$118​, above​ its last closing price of $88.85. ​​​

This summary was machine generated April 29 at 20:29 GMT.  All
figures in US dollars  unless otherwise stated